January 19, 2021 EBA observes an increase in the asset encumbrance ratio amidst extensive use of central bank facilities (European Banking Authority) The macroprudential toolkit: effectiveness and interactions (Stephen Millard, Margarita Rubio, Alexandra Varadi; Bank of England) Measuring Corporate Bond Market Dislocations (Nina Boyarchenko, Richard K. Crump, Anna Kovner, Or Shachar; Federal Reserve Bank of New York) Bond returns in sovereign debt crises: The investors’ perspective (Jochen Andritzky, Julian Schumacher; VoxEU) African Central Bankers Out of Policy Space to Fight Recessions (Prinesha Naidoo; Bloomberg) Biden Taps Gensler as SEC Chairman, FTC’s Chopra as CFPB Chief (Jennifer Epstein, Benjamin Bain; Bloomberg) Categories Systemic Risk News What to read next News in Systemic Risk: Thursday, February 25, 2021 (10 a.m. ET) News in Systemic Risk: Wednesday, February 24, 2021 (10 a.m. ET) News in Systemic Risk: Tuesday, February 23, 2021 (10 a.m. ET)