News in Systemic Risk: Wednesday, August 26, 2020 (10 a.m. ET) August 26, 2020 How Does the Liquidity of New Treasury Securities Evolve? (Michael Fleming; Federal Reserve Bank of New York) Unswervingly Fight the Critical Battle of Preventing and Defusing Financial Risks (Guo Shuqing; The People's Bank of China) The Federal Reserve needs the power to buy corporate bonds (Robert McCauley; VoxEU) China Will Maintain ‘Normal’ Monetary Policy, PBOC Says (Wall Street Journal) Fed Seen Holding Rates at Zero for Five-Years Plus in New Policy (Rich Miller; Bloomberg)