An Analysis of the Daily Changes in us treasury Security Yields

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Working Paper No. 934
 
 
An Analysis of the Daily Changes in US Treasury Security Yields 
by 
 
Tanweer Akram* 
Thrivent
and 
Anupam Das 
Mount Royal University 
August 2019 
*Disclaimer: The authors’ institutional affiliations are provided solely for identification purposes. Views expressed are solely 
those of the authors and are not necessarily those of Thrivent, Thrivent Asset Management, or any affiliates. This is for 
information purposes only and should not be construed as an offer to buy or sell any investment product or service; Disclosure: 
Tanweer Akram’s employer, Thrivent, invests in a wide range of securities. Asset management services are provided by Thrivent 
Asset Management, LLC, a wholly owned subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans, 
Appleton, Wisconsin. Securities and investment advisory services are offered through Thrivent Investment Management Inc., a 
wholly owned subsidiary of Thrivent. For additional important information, visit Thrivent.com/disclosures; The dataset is 
available for replication: the dataset used in the empirical part of this paper is available upon request to bona fide researchers for 
the replication and verification of the results. The authors thank Ms. Elizabeth Dunn and Ms. Mary Rafferty for their copyediting. 
The Levy Economics Institute Working Paper Collection presents research in progress by Levy 
Institute scholars and conference participants. The purpose of the series is to disseminate ideas to 
and elicit comments from academics and professionals. 
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