Falk Bräuning and Hillary Stein discuss the extent to which the Treasury securities market can be affected by regulatory constraints on primary dealers, a select group of market-making financial firms that are typically affiliated with large banking organizations.
The views expressed in this video are solely those of the author(s) and do not represent the views of the Federal Reserve Bank of Boston, the principals of the Board of Governors, or the Federal Reserve System.
Image courtesy of interviewee. October 22, 2024