Wednesday - November 27, 2024
Fed: Interconnectedness in the Corporate Bond Market
September 14, 2024
WASHINGTON, Sept. 14 (TNSres) -- The Federal Reserve issued the following white paper (No. 2024-066) in April 2024, entitled "Interconnectedness in the Corporate Bond Market". The report is written by Celso Brunetti, Matthew Carl, Jacob Gerszten, Chiara Scotti and Chaehee Shin.

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Abstract:

Does interconnectedness improve market quality? Yes. We develop an alternative network structure, the assets network: assets are connected if they are held . . .

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