What is ‘Yankee Market’
A slang term for the stock market in the United States. Yankee market is usually used buy non-U.S. residents and refers to the slang term for an American – a Yankee.
Explaining ‘Yankee Market’
The term Yankee market was used in business slang but has become widely accepted, much like the “bulldog market” refers to the U.K. market and “samurai market” refers to the market in Japan.
The term Yankee (or Yank) itself is sometimes as a playful, sometimes derogatory, reference to U.S. citizens.
Further Reading
- The costs, wealth effects, and determinants of international capital raising: Evidence from public Yankee bonds – www.sciencedirect.com [PDF]
- Emerging capital markets and corporate finance – www.sciencedirect.com [PDF]
- Financial Innovation, Domestic Regulation and the International Marketplace: Lessons on Meeting Globalization's Challenge Drawn from the International Bond … – heinonline.org [PDF]
- US power and the international bond market: financial flows and the construction of risk value – link.springer.com [PDF]
- Domestic financial markets and offshore bond financing – papers.ssrn.com [PDF]
- Financial markets in times of stress – www.sciencedirect.com [PDF]
- Political ties and capital raising in global markets: Evidence from yankee bonds – papers.ssrn.com [PDF]
- Economic consequences of financial reporting and disclosure regulation: A review and suggestions for future research – papers.ssrn.com [PDF]
- Trust and the cost of debt financing – www.sciencedirect.com [PDF]