Fragilities in the U.S. Treasury Market : Lessons from the 'Flash Rally' of October 15, 2014 /

Changes in the structure of the U.S. Treasury market over recent years may have increased risks to financial stability. Traditional market makers have changed their liquidity provision by increasingly switching from risk warehousing to risk distribution, and a new breed of market maker has emerged w...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Bouveret, Antoine
Tác giả khác: Breuer, Peter, Chen, Yingyuan, Jones, David
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2015.
Loạt:IMF Working Papers; Working Paper ; No. 2015/222
Truy cập trực tuyến:Full text available on IMF

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