D.E. Shaw
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Yellen Shift on Vast Treasury Cash Pile Poses Problem for Powell
By Rich Miller and Liz McCormick
February 16, 2021, Bloomberg
Treasury Secretary Janet Yellen is giving Federal Reserve Chairman Jerome Powell a bit of a headache when it comes to …

The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn
By Joy Wiltermuth
December 4, 2019, MarketWatch
The Federal Reserve’s ongoing efforts to shore up the short-term “repo” lending markets have begun to rattle some market experts.
The New York …
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Repo Rout Didn’t Have to Happen. Powell Is Trying to Avoid Rerun
By Alex Harris and Vivien Lou Chen
October 9, 2019, Bloomberg
Before the U.S. repo market went haywire in mid-September, there were persistent signals for about a year that something …
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How the Federal Reserve could fix the repo market
By Colby Smith, Joe Rennison, and Brendan Greeley
October 3, 2019, Financial Times
The Federal Reserve is facing urgent calls to find a permanent fix to short-term funding strains that …
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Shadow banks could be playing role in repo market drama, economist says
By Greg Robb and Sunny Oh
September 27, 2019, MarketWatch
Pressure in money markets that has led the Federal Reserve to step in to provide short-term liquidity may be the …
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BAML Exec Fears ‘Systemic Risk’ if Margin Issue Not Resolved
By Robert Mackenzie Smith
October 5, 2018, Risk
Failure to exempt nearly 1,000 end-users from posting and receiving initial margin from 2020 could introduce unnecessary systemic risk into the over-the-counter …
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Day 1: Responding to the Global Financial Crisis – Part 2
On September 11, 10 years after some of the worst moments of the crisis, some of the authors of the papers presented highlights of their findings in a full-day conference …
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