News in Systemic Risk: Tuesday, April 3, 2018 (10 a.m. ET)
Early intervention regimes for weak banks (Jean-Philippe Svoronos; BIS)
Statement Introducing the Treasury Repo Reference Rates (New York Fed)
New York Fed launches U.S. Libor contender, slow takeup seen (Reuters)
EXPLAINER-What is SOFR? The new U.S. Libor alternative (Reuters)
China’s Big Banks Are Turning to Short-Term Financing (Bloomberg)
China's Xi Turns Deleveraging Sights on Local Governments, SOEs (Bloomberg)
Global central banks can adopt negative rates as conventional tool: PBOC working paper (Reuters)
The Danger Lurking in a Safe Corner of the Bond Market (WSJ)
UK banks sell asset-backed securities at fastest rate in years (FT)
Italy should revise up 2017 deficit to include bank bailouts – Eurostat (Reuters)
Treasury Meets With Banks, Trading Firms As It Weighs Releasing More Market Data (WSJ)