For the impact of foreign inflows of international capital flows on US yields, see Warnock, F. E. and Warnock, V. C. (2009), “International capital flows and US interest rates”, Journal of  International Money and Finance, Vol. 28, pp. 903-19.
For the impact of increased holdings of euro area debt securities yields, see Carvalho, D. and Fidora, M. (2015), “Capital inflows and euro area long-term interest rates”, Journal of International Money and Finance, vol. 54, pp. 186-204. [10] Forbes, K. (2019), "Has globalization changed the inflation process? ", BIS Working Papers, No 791, Bank for International Settlements. [11] Kamber, G. and Wong, B.