Dallas Fed’s Logan Says Treasury Market Functions ‘Very Well’
Lorie Logan said the Federal Reserve should strengthen its support tools for Treasury markets and banks’ access to contingent funding.
While the US Treasury market is functioning "very well" despite bouts of interest-rate volatility and banks have improved their access to contingent funding in the last three years, the Federal Reserve should take steps to strengthen its support tools in both arenas, Dallas Fed President Lorie Loga…