News in Systemic Risk: Thursday, August 17, 2023 (10:00 a.m. ET) August 17, 2023 Risk Review 2023 (Federal Deposit Insurance Corporation) The dangerous role of America’s weird lenders-of-next-to-last resort (Stephen Cecchetti, Kim Schoenholtz, Lawrence White; Financial Times) Chinese asset manager signals debt overhaul, stokes contagion fears (Jason Xue, Clare Jim; Reuters) Investors Need to Worry About the Bond Market’s Return to Normality (James Mackintosh; Wall Street Journal) Related Stories 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 Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability