Are There Structural Issues In U.S. Bond Markets?
What: Are There Structural Issues In U.S. Bond Markets?
Where/When: The Brookings Institution, Washington D.C.
Monday August 3, 2015 9:00am - Noon EDST
Event Website-Video Link: www.brookings.edu/events/2015/08/03-us-bond-markets-elliott
Event Overview: Bond markets are the principal source of credit for businesses and governments in the United States, with almost $40 trillion of outstanding debt. They are also

the main mode of investment for pension funds, mutual funds, and many other investors, which is why the safety and efficiency of these markets is, therefore, crucial.
On August 3, the Economic Studies program at Brookings hosted a number of experts to discuss the structure of bond markets in the U.S. and how changes over the last few years

are affecting market liquidity, volatility, and overall safety and efficiency. Keynote addresses by Governor Jerome Powell and Counselor Antonio Weiss focused on the Treasury

bond market with a panel of experts examining corporate bond markets.
After each session, the speakers and panelists took audience questions.
Event Agenda:
Opening Remarks: Douglas J. Elliott, Fellow, Economic Studies, Initiative on Business and Public Policy
Panel on the Corporate Bond Markets
Moderator: Martin Baily, Senior Fellow, Economic Studies, Bernard L. Schwartz Chair in Economic Policy Development
--Dennis M. Kelleher, President and CEO, Better Markets, @DennisKelleher1
--Kashif Riaz, Managing Director, Blackrock
--Annette L. Nazareth, Partner, Davis Polk Wardwell LLP
-- Steve Zamsky, Managing Director, Morgan Stanley
Keynote Addresses on the U.S. Treasury Markets
Moderator: Douglas J. Elliott, Fellow, Economic Studies, Initiative on Business and Public Policy
--Governor Jerome Powell, Board of Governors of the Federal Reserve System
--Antonio F. Weiss, Counselor to the Secretary of the U.S. Treasury, U.S. Department of Treasury
45 photos