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...

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Autor principal: Bouveret, Antoine
Altres autors: Breuer, Peter, Chen, Yingyuan, Jones, David
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Working Papers; Working Paper ; No. 2015/222
Accés en línia:Full text available on IMF