Volatility transmissions between stock and bond markets : evidence from Japan and the U.S.

This study attempts to investigate the transmission of market-wide volatility between the equity markets and bond markets of Japan and the U.S. To measure the volatility transmission, the BEKK (Baba, Engle, Kraft and Kroner, 1990) method, a decomposition approach of the multivariate GARCH (1,1) model, is used to examine the cross-market contemporaneous effect of information arrival. The time series analysis provides evidence to the long-run phenomena of causality in conditional variances of paired assets within the local and international markets. Within various pairings, some evidence of bi-directional volatility transmissions such as informational linkages have been observed. Our empirical results suggest that within the domestic cross markets, the volatility transmission is unidirectional from the stock market to the bond market. Evidence from international cross-market analysis is mixed, with strong evidence on volatility spillover among these international stock markets, but weak evidence between international stock and bond markets. In addition, there are significant directional volatility transmissions between DJI index and FTSE100 index, and between DJI index and DAX200 index. The volatility transmission between these two markets indicates that the international diversification of bonds is not prevalent.

Volatility transmission between stock and bond markets : evidence from US and Australia

This paper investigates the cross-market informational dependence between these assets under disparate interest rate conditions of the U.S and Australia. With conditional variance as a proxy for volatility, we use the BEKK – a matricular decomposition of the bivariate GARCH (1,1) model to examine the cross-market contemporaneous effect of information arrival. Applying the model to the stock and bond indices of both countries, we find evidence of volatility spillover, thereby supporting the notion of informational dependence between each market

Why is the tetrahedral bond angle 109°? The tetrahedron-in-a-cube

The common question of why the tetrahedral angle is 109.471° can be answered using a tetrahedron-in-a-cube, along with some Year 10 level mathematics. The tetrahedron-in-a-cube can also be used to demonstrate the non-polarity of tetrahedral molecules, the relationship between different types of lattice structures, and to demonstrate that inductive reasoning does not always provide the correct answer.

Bioinspired strategy to reinforce PVA with improved toughness and thermal properties via hydrogen-bond self-assembly

Despite the high strength and stiffness of polymer nanocomposites, they usually display lower deformability and toughness relative to their matrices. Spider silk features exceptionally high stiffness and toughness via the hierarchical architecture based on hydrogen-bond (H-bond) assembly. Inspired by this intriguing phenomenon, we here exploit melamine (MA) to reinforce poly(vinyl alcohol) (PVA) via H-bond self-assembly at a molecular level. Our results have shown that due to the formation of physical cross-link network based on H-bond assembly between MA and PVA, yield strength, Young’s modulus, extensibility, and toughness of PVA are improved by 22, 25, 144, and 200% with 1.0 wt % MA, respectively. Moreover, presence of MA can enhance the thermal stability of PVA to a great extent, even exceeding some nanofillers (e.g., graphene). This work provides a facile method to improve the mechanical properties of polymers via H-bond self-assembly.

Bond properties of rubber modified epoxy

In this paper, the bond integrity of unmodified and rubber-modified epoxy used for bonding the carbon fibre sheets to the hosting steel surface was investigated. The rigidity of the bonding agent is one of the factors that have a significant role in the premature failure (debonding) of this application. In order to overcome this issue, a series of experiments were conducted on the steel plates using the epoxy resin modified by CTBN and ATBN reactive liquid polymers, in addition to the unmodified epoxy resin. The interface between the carbon fibre matrix and the hosting surface is subjected to a longitudinal shear force for which the corresponding displacement is recorded. The shear stress-strain relationship for the tested specimen is plotted. The result shows that, the bond behaviour of modified epoxy using CTBN and ATBN reactive liquid polymers was improved in terms of ductility and toughness.

Bio-inspired hydrogen-bond cross-link strategy toward strong and tough polymeric materials

It remains a huge challenge to create advanced polymeric materials combining high strength, great toughness, and biodegradability so far. Despite enhanced strength and stiffness, biomimetic materials and polymer nanocomposites suffer notably reduced extensibility and toughness when compared to polymer bulk. Silk displays superior strength and toughness via hydrogen bonds (H-bonds) assembly, while cuticles of mussels gain high hardness and toughness via metal complexation cross-linking. Here, we propose a H-bonds cross-linking strategy that can simultaneously strikingly enhance strength, modulus, toughness, and hardness relative to polymer bulk. The H-bond cross-linked poly(vinyl alcohol) exhibits high yield strength (140 MPa), reduced modulus (22.5 GPa) in nanoindention tests, hardness (0.5 GPa), and great extensibility (40%). More importantly, there exist semiquantitive linear relationships between the number of effective H-bond and macroscale properties. This work suggests a promising methodology of designing advanced materials with exceptional mechanical by adding low amounts (1.0 wt %) of small molecules multiamines serving as H-bond cross-linkers.

Cyclopalladated complexes containing 2-C 6 R 4 PPh 2 ligands (R = H, F): one-electron electrochemical reduction leading to metal–carbon σ-bond cleavage via palladium( i )

Three new ortho -metallated palladium complexes, [Pd(O,O’-hfacac)(κ2-2-C6F4PPh2)] (11), [Pd2(O,O’hfacac)2(μ-2-C6F4PPh2)2](12) and [Pd(O,O’-hfacac)(κC-2-C6F4PPh2)(PPh3)] (13) (hfacac = hexafluoroace-tylacetonate), have been prepared and fully characterised. The electrochemical reductions of complexes 11–13, together with those of other cyclopalladated complexes containing 2C6R4PPh2 ligands (R = H, F) were studied by cyclic, rotating disk and microelectrode voltammetry. Evidence for the one-electron reduction of [PdI(κ2-2-C6F4PPh2)(PPh2Fc)] (6) was obtained from coulometric analysis, although the product is unstable and undergoes further chemical processes. Preparative electro-reduction of [Pd2(μ-Br)2(κ2-2-C6F4PPh2)2] (7) in CH2Cl2 causes reductive cleavage of its Pd–C σ-bonds and formation of the complex [PdBr2{PPh2(2-C6F4H)}2](14); possible mechanisms are discussed.

Bioinspired strategy for tuning thermal stability of PVA via hydrogen-bond crosslink

Although many approaches have been employed to enhance thermal stability of PVA, developing a facile and effective strategy remains highly attractive. Herein, we demonstrate a highly effective approach to strikingly improve thermal stability of PVA by selecting the types of multiamines molecules to tune the hydrogen-bond crosslink density. Results show that only adding 0.5 wt% of 2,4,5,6-tetraaminopyrimidine can make the initial degradation temperature (Ti) and maximum degradation temperature (Tmax) of PVA increase by ~55 °C and 98 °C due to the formation of 3D physically H-bond crosslinked network, resulting in superior thermal stability property to those of PVA nanocomposites. Moreover, thermal stability strongly depends on the H-bond crosslink density, and Ti and Tmax basically obey the linear hydrogen-bond relations despite some deviations. This work opens up a novel biological methodology for creating thermally stable polymeric materials.

Real-time electrochemical monitoring of covalent bond formation in solution via nanoparticle-electrode collisions

We describe an alternative electrochemical technique to monitor covalent bond formation in real-time using nanoparticle-electrode collisions. The method is based on recognising the redox current when MP-11 functionalised chemical reduced graphene oxide (rGO) nanosheets collide with Lomant's reagent modified gold microelectrode. This facile and highly sensitive monitoring method can be useful for investigating the fundamental of single-molecule reactions.

Assessment of bond strength in CFRP retrofitted beams under marine environment

Carbon fibre reinforced polymer (CFRP) sheet has gained its popularity to retrofit civil structures which is bonded externally, typically on the soffit of a beam. In this study, the bond between carbon fibre reinforced polymer (CFRP) and concrete is improved by modifying the property of commercial epoxy and compared against normal epoxy. The deterioration in bond strength was produced by placing the beam into salt water under wet dry cycles. Also, a model is proposed to determine the bond strength from flexural test and compared against the available bond strength models which are typically obtained from pull out test. This proposed model shows promising results in terms of predicting the bond strength from flexural test. In addition, a strength reduction factor is introduced to incorporate the effect of wet dry cycles to predict the long term behaviour. It is found that the modified epoxy enhance the ductile property and bond strength.