Cargando…

COVID-19, lockdowns, and the municipal bond market()

We study how investors in the US municipal bond market price the state lockdowns announced during the coronavirus (COVID) pandemic. To begin with, we examine the extent to which state-level COVID developments influence yield spreads of municipal bonds. We find that macro-level factors are the primar...

Descripción completa

Detalles Bibliográficos
Autores principales: Tran, Nhu, Uzmanoglu, Cihan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9233346/
https://www.ncbi.nlm.nih.gov/pubmed/35784824
http://dx.doi.org/10.1016/j.jbankfin.2022.106590