美联储-债务对利率的因果关系(英)-2026
聚焦美联储-债务对利率的因果关系(英)-2026。) and of about 2–3 basis points in the 10-year Treasury term premium. Our results validate estimates from a common time-series approach that regresses long-term forward interest rates on long-term projections of government debt, where the exclusion restriction does not apply.