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) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
