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High-Frequency Cross-Market Trading and Market Volatility
The Workup, Technology, and Price Discovery in the Interdealer Market for U.S. Treasury Securities
Primary Dealer Participation in the Secondary U.S. Treasury Market
Continuing the Conversation on Liquidity
At the New York Fed: Conference on the Evolving Structure of the U.S. Treasury Market
The Liquidity Mirage
Introduction to a Series on Market Liquidity: Part 2
The Evolution of Workups in the U.S. Treasury Securities Market
High-Frequency Cross-Market Trading in U.S. Treasury Markets
Liquidity during Flash Events
Introduction to a Series on Market Liquidity
Just Released: The U.S. Treasury Market on October 15, 2014
FRN Follow-Up: Who Are the Market Participants?
Introduction to the Floating-Rate Note Treasury Security
Convexity Event Risks in a Rising Interest Rate Environment
Has Automated Trading Promoted Efficiency in the FX Spot Market?
What to Make of Market Measures of Inflation Expectations?
Ernst Schaumburg's CV The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.