Conference Agenda

Session

Bond Market Fragility and Resilience

Time:

Saturday, 14/Mar/2026:

3:30pm - 5:15pm

Session Chair: Yoshio Nozawa, University of Toronto

Location: Baltic

Presentations

Enhanced Resiliency in Corporate Bond Liquidity: A Tradeoff in OTC Markets

Botao Wu

Chinese University of Hong Kong

Discussant: Sebastien Plante (University of Wisconsin–Madison)

Lending at a Cost: Liquidity Fragility in Bond Mutual Funds

Shuaiyu Chen¹, Anh Tran², Pingle Wang³

¹University of Virginia; ²Bucknell University; ³University of Texas at Dallas

Discussant: Nathan Foley-Fisher (Federal Reserve Board of Governors)

Unintended Consequences of Rule 18f-4: Derivatives Constraints, Reaching for Yield, and Corporate Bond Market Fragility

Jing-Zhi Huang¹, Quan Qi², Ying Wang³

¹Pennsylvania State University; ²Middle Tennessee State University; ³University at Albany - SUNY

Discussant: Farshid Abdi (Texas A&M University)