News in Systemic Risk: Tuesday, June 16, 2020 (10 a.m. ET) June 16, 2020 Treasury Market Liquidity and the Federal Reserve during the COVID-19 Pandemic (Michael Fleming; Federal Reserve Bank of New York) Kurzarbeit: Germany’s Short-Time Work Benefit (International Monetary Fund) Can Forecast Errors Predict Financial Crises? Exploring the Properties of a New Multivariate Credit Gap (Elena Afanasyeva; Federal Reserve Board of Governors) EMEs and COVID-19: Shutting Down in a World of Informal and Tiny Firms (Laura Alfaro, Oscar Becerra, Marcela Eslava; National Bureau of Economic Research) Governments May Revisit Postwar Playbook as They Tackle Huge Debts (Paul Hannon; Wall Street Journal) Debt investors bet on emerging markets as ‘QE’ begins to travel (Colby Smith; Financial Times) Fed Adapts as Congress Urges More Credit Risk On Corporate Loans (Saleha Mohsin, Craig Torres; Bloomberg) 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