id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3844	Domian, Dale L.; Reiehenstein, William	Term Spreads and Predictions of Bond and Stock Excess Returns	1998	20	.pdf	application/pdf	11992	543	76	The 1.5- through 20-year Treasury bond returns rely on estimates of par-bond yields (yields on coupon-bearing bonds selling at par) across maturities that come from Ibbotson Associates (see Coleman, Fisher, & Ibbotson, 1993 and updates). To be specific, in regressions of bond returns on forecasting variables, the slopes for the term spread should be approxi- mately linearly related to bonds' durations.	cache/fsr-3844.pdf	txt/fsr-3844.txt