Spletods of accommodative monetary policy and an upward-sloping yield curve, and vice versa. Skewness has substantial predictive power for future bond excess returns, high-frequency ... Bauer and Swanson,2024a,b). Our paper also connectes to studies on the importance of asymmetries in the macro- nancial outlook (e.g.Barro,2006;Conrad et al.,2013 ... SpletEric T. Swanson Federal Reserve Bank of San Francisco . and . John C. Williams Federal Reserve Bank of San Francisco . January 2013 . The views in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco or the

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The effect of uncertainty on the sensitivity of the yield curve to ...

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