25 Sep 2016

Ultra-low/Negative yields on euro-area long-term bonds

Reasons and implications for monetary policy

Daniel Gros

0
Download Publication

35 Downloads

The notes in this compilation discuss the main factors underlying the extraordinary low levels of long-term rates across the euro area, assess the risks for financial stability and the implications for ECB monetary policy. The notes have been requested by the Committee on Economic and Monetary Affairs as an input for the September 2016 session of the Monetary Dialogue.

Related Publications

Browse through the list of related publications.

The European added value of the Recovery and Resilience Facility

An assessment of the Austrian, Belgian and German plans

Where the (euro) buck stops

Facing the next big crisis with a better EU budget

The Next Revision of the Financial Regulation and the EU Budget Galaxy

How to safeguard and strengthen budgetary principles and parliamentary oversight

Optimal tariff versus optimal sanction

The case of European gas imports from Russia

Comparing and assessing recovery and resilience plans – Second edition

Italy, Germany, Spain, France, Portugal, Slovakia, Austria and Belgium

When the taps are turned off

How to get Europe through the next winter without Russian gas