We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Government Security Dealers' Positions, Information and Interest-Rate Expectations: A Note.
- Authors
VAN HORNE, JAMES C.; HEATON, HAL B.
- Abstract
In this note we examine whether one can improve interest-rate forecasts by knowing the inventory positions of government security dealers, both concurrently and later when the information becomes publicly available. We begin with the consideration of the factors that influence such inventory positions. This is followed by the hypothesis to be tested, the sample and methodology, and the results with their implications.
- Subjects
INTEREST rates; BUSINESS forecasting; GOVERNMENT securities; EXPECTED returns; SECURITIES trading volume; EXPECTANCY-value theory
- Publication
Journal of Finance (Wiley-Blackwell), 1983, Vol 38, Issue 5, p1643
- ISSN
0022-1082
- Publication type
Article
- DOI
10.1111/j.1540-6261.1983.tb03847.x