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1 | 1 | """Fixed Income Government Router.""" |
2 | 2 |
|
3 | | -from openbb_core.app.deprecation import OpenBBDeprecationWarning |
4 | 3 | from openbb_core.app.model.command_context import CommandContext |
5 | 4 | from openbb_core.app.model.example import APIEx |
6 | 5 | from openbb_core.app.model.obbject import OBBject |
@@ -49,71 +48,6 @@ async def yield_curve( |
49 | 48 | return await OBBject.from_query(Query(**locals())) |
50 | 49 |
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51 | 50 |
|
52 | | -@router.command( |
53 | | - model="USYieldCurve", |
54 | | - deprecated=True, |
55 | | - deprecation=OpenBBDeprecationWarning( |
56 | | - message="This endpoint will be removed in a future version. Use, `/fixedincome/government/yield_curve`, instead.", |
57 | | - since=(4, 2), |
58 | | - expected_removal=(4, 4), |
59 | | - ), |
60 | | - examples=[ |
61 | | - APIEx(parameters={"provider": "fred"}), |
62 | | - APIEx(parameters={"inflation_adjusted": True, "provider": "fred"}), |
63 | | - ], |
64 | | -) |
65 | | -async def us_yield_curve( |
66 | | - cc: CommandContext, |
67 | | - provider_choices: ProviderChoices, |
68 | | - standard_params: StandardParams, |
69 | | - extra_params: ExtraParams, |
70 | | -) -> OBBject: # type: ignore |
71 | | - """US Yield Curve. Get United States yield curve.""" |
72 | | - return await OBBject.from_query(Query(**locals())) |
73 | | - |
74 | | - |
75 | | -@router.command( |
76 | | - model="EUYieldCurve", |
77 | | - deprecated=True, |
78 | | - deprecation=OpenBBDeprecationWarning( |
79 | | - message="This endpoint will be removed in a future version. Use, `/fixedincome/government/yield_curve`, instead.", |
80 | | - since=(4, 2), |
81 | | - expected_removal=(4, 4), |
82 | | - ), |
83 | | - examples=[ |
84 | | - APIEx(parameters={"provider": "ecb"}), |
85 | | - APIEx(parameters={"yield_curve_type": "spot_rate", "provider": "ecb"}), |
86 | | - ], |
87 | | -) |
88 | | -async def eu_yield_curve( |
89 | | - cc: CommandContext, |
90 | | - provider_choices: ProviderChoices, |
91 | | - standard_params: StandardParams, |
92 | | - extra_params: ExtraParams, |
93 | | -) -> OBBject: |
94 | | - """Euro Area Yield Curve. |
95 | | -
|
96 | | - Gets euro area yield curve data from ECB. |
97 | | -
|
98 | | - The graphic depiction of the relationship between the yield on bonds of the same credit quality but different |
99 | | - maturities is known as the yield curve. In the past, most market participants have constructed yield curves from |
100 | | - the observations of prices and yields in the Treasury market. Two reasons account for this tendency. First, |
101 | | - Treasury securities are viewed as free of default risk, and differences in creditworthiness do not affect yield |
102 | | - estimates. Second, as the most active bond market, the Treasury market offers the fewest problems of illiquidity |
103 | | - or infrequent trading. The key function of the Treasury yield curve is to serve as a benchmark for pricing bonds |
104 | | - and setting yields in other sectors of the debt market. |
105 | | -
|
106 | | - It is clear that the market’s expectations of future rate changes are one important determinant of the |
107 | | - yield-curve shape. For example, a steeply upward-sloping curve may indicate market expectations of near-term Fed |
108 | | - tightening or of rising inflation. However, it may be too restrictive to assume that the yield differences across |
109 | | - bonds with different maturities only reflect the market’s rate expectations. The well-known pure expectations |
110 | | - hypothesis has such an extreme implication. The pure expectations hypothesis asserts that all government bonds |
111 | | - have the same near-term expected return (as the nominally riskless short-term bond) because the return-seeking |
112 | | - activity of risk-neutral traders removes all expected return differentials across bonds. |
113 | | - """ |
114 | | - return await OBBject.from_query(Query(**locals())) |
115 | | - |
116 | | - |
117 | 51 | @router.command( |
118 | 52 | model="TreasuryRates", |
119 | 53 | examples=[APIEx(parameters={"provider": "fmp"})], |
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