Working Paper

The risk-free U.S. bond rate : errors in construction and use in econometric work


Abstract: Observed differentials among yield series for different types of long-term instruments--U.S. government bonds, municipal bonds, corporate bonds and residential mortgages--vary considerably over time.

Keywords: Bonds; Econometrics; Finance, Public;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 1977

Number: 77-03