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Expanded central clearing would increase Treasury market resilience
Abstract: The smooth functioning of markets for Treasury securities is critically important to the U.S. economy. The federal government relies on the sale of Treasuries to finance essential services, and the Federal Reserve uses Treasury markets to implement monetary policy.
Keywords: banking; finance; financial stability;
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https://www.dallasfed.org/research/economics/2022/1223
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2022-12-23