Liberty Street Economics

Fed blog: Banking System Vulnerability: 2022 Update

Fed blog: What Is Atomic Settlement?

Fed blog post presents scenarios for Reverse Repo Facility reduction as Fed shrinks Treasury holdings

Fed blog: How Does Market Power Affect Fire-Sale Externalities?

Fed blog: What Quantity of Reserves Is Sufficient?

Fed blog: Intraday Timing of General Collateral Repo Markets

Fed blog: US repo markets are highly competitive, rebutting BIS and Sponsored Repo concerns

Fed blog finds concentration of bank reserves in March 2020

Fed blog: How Has Post-Crisis Banking Regulation Affected Hedge Funds and Prime Brokers?

Fed blog: banks again taking advantage of Leverage Ratio arbitrage

Fed blog: Japan’s Experience with Yield Curve Control

Fed blog: How Fed Swap Lines Supported the U.S. Corporate Credit Market amid COVID-19 Strains

Fed blog: Have the Fed Swap Lines Reduced Dollar Funding Strains during the COVID-19 Outbreak?

Fed post argues in favor of opacity in bank disclosures during a crisis

Fed blog: Monetary Policy Transmission and the Size of the Money Market Fund Industry

Fed blog: The Transmission of Monetary Policy and the Sophistication of Money Market Fund Investors

Fed blog: How Do Large Banks Manage Their Cash?

Fed blog: Large Bank Cash Balances and Liquidity Regulations

Fed blog: Untangling the U.S. Dollar Funding Market

Fed blog: Selected Deposits and the OBFR

Fed blog: Are New Repo Participants Gaining Ground?

Fed blog suggests high bank reserves are better for financial stability

Fed blog on the dominance of the US Dollar as a reserve currency

Fed blog: Coming to Terms with Operational Risk

Fed blog: “Breaking Down TRACE Volumes Further” finds off-the-run is 27% of overall volumes

Fed blog: Is the United States Relying on Foreign Investors to Fund Its Larger Budget Deficit?

Fed blog: Liquidity Effects of Post-Crisis Regulatory Reform

Fed blog: Unlocking the Treasury Market through TRACE

Fed blog: Dealer Balance Sheets and Corporate Bond Liquidity Provision

Fed blog: Which Dealers Borrowed from the Fed’s Lender-of-Last-Resort Facilities?

Fed notes that LCR could seriously disrupt bank lending and policy transmission (Premium)

Fed blog: Understanding the Interbank GCF Repo® Market

The Fed’s analysis of March 2016 UST fails shows "reopenings" as a main cause

Fed blog post: "Hey, Economist! What Did You Make of ‘The Big Short’?"

Fed blog post: Would Monetary Tightening Increase Bank Wholesale Funding?

Federal Reserve: Did Third Avenue’s Liquidation Reduce Corporate Bond Market Liquidity?

Fed blog: Dealer Positioning and Expected Returns

Tri-party data from the Fed — a new graphic interface that is really useful

The NY Fed’s Liberty Street Economics blog: is there evidence of UST liquidity in decline?

NY Fed’s Liberty Street Economics blog on repo fails. A must read for anyone involved in repo.

The Fed's Liberty Street Economics gets it right on gating and fees to prevent runs: they don't work

The Liberty Street Economics Blog takes a look at the funding crisis of 1763. Is it déjà vu all over again?

The NY Fed Liberty Street Economics Blog on SOMA revenues: as interest rates rise, it is going to be a problem

Liberty Street Economics Blog on bilateral and tri-party repo haircut differences: they can't explain it. We can.

Fed's LSE blog chimes in on why not to lower Interest on Excess Reserves rate; we think they miss the point

A new Liberty Street Economics blog post looks at the PDCF

“The Fed’s Emergency Liquidity Facilities during the Financial Crisis: The CPFF”: a new post at the NY Fed's Liberty Street Economics blog is worth a read

Liberty Street Economics blog post: the US repo market is a lot smaller than we thought