Consequently, monetary policy signals are conveyed  5/9  BIS - Central bankers' speeches  across the curve in a disjointed manner, reflecting time-varying liquidity premia, and with diminishing intensity as maturity increases. The G-sec market is also vulnerable to spillovers from both global and domestic developments.
And it can come in different shapes and forms: central banks being called upon to change their monetary policy because the current stance, it is claimed, is destroying earnings opportunities for banks; regulators being asked to revisit reforms because they’re said to be driving up costs too strongly; and policymakers being asked to steer Brexit negotiations such that the financial sector doesn’t suffer disadvantages during divorce proceedings.