Back to Search Start Over

BOND YIELDS: TRENDS OR RANDOM WALKS?

Authors :
Rogalski, Richard J.
Source :
Decision Sciences; Oct75, Vol. 6 Issue 4, p688-699, 12p, 4 Charts
Publication Year :
1975

Abstract

Analyzes several tests of the nature of weekly yield movements and to view the results of their applications with respect to industrial bonds. Possibility of predicting future yield changes by using past yields alone, given a sequence of actual yields; Question of whether bond yields are trends or random walks.

Details

Language :
English
ISSN :
00117315
Volume :
6
Issue :
4
Database :
Complementary Index
Journal :
Decision Sciences
Publication Type :
Academic Journal
Accession number :
4963377
Full Text :
https://doi.org/10.1111/j.1540-5915.1975.tb01053.x