Bond market gives regulators a headache

Dr. Tom Hird and Prof. Bruce Grundy have recently researched whether government bond yields are biased down by a lack of supply.  They have submitted on this issue and to a number of Australian regulators who are now grappling with the implications of the evidence put before them.  CECG's.  Hird and Grundy  also present their findings at a 27 August 2007 Forum where representatives of the Reserve Bank of Australia will also be giving their perspective on the issues raised by Hird and Grundy.