About this working party
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The Bond Yields Working Party will look at why bond yields are so low and if they will increase.
What drivers have historically affected interest rates? It is recognised that these may be different at the short, medium and long end of the yield curve. As bond yields are a key determinant in valuing pension scheme liabilities this research will address:
• if interest rates are currently too ‘low’ given the main drivers of interest rates
• how these drivers may change through time and could drive interest rates in the future.
Chair: Nick Hatherley
Dates: 2013 - 2016