News in Systemic Risk: Friday, June 18, 2021 (10 a.m. ET) June 18, 2021 ECB extends leverage ratio relief for banks until March 2022 (European Central Bank) Outsourcing and third-party risk – Overview of responses to the public consultation (Financial Stability Board) Fed Reverse Repos Surge to Record of $756 Billion After Rate Tweak (Michael S. Derby; Wall Street Journal) Corporate borrowing during crises: Switches in global markets (Juan Jose Cortina Lorente, Tatiana Didier, Sergio Schmukler; VoxEU) America’s high-yield debt is on ever-shakier foundations (The Economist)
