News in Systemic Risk: Monday, April 3, 2017 (10 a.m. ET) April 3, 2017 Why the Urge to Merge Could Return to Wall Street (NYT) Federal Reserve Readies Plan for Balance Sheet (WSJ) Bond scarcity and the ECB’s asset purchase programme (ECB) Working Paper Series: Threshold effects of financial stress on monetary policy rules: a panel data analysis (ECB) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics