Advances in Fixed Income and Macro-Finance Research


Friday, May 14, 2021


Federal Reserve Bank of San Francisco

Session 1
Chair: Jens Christensen, FRB San Francisco

Why Does the Fed Move Markets so Much? A Model of Monetary Policy and Time-Varying Risk Aversion

Carolin Pflueger, University of Chicago
Gianluca Rinaldi, University of Chicago
Discussant: Martin M. Andreasen, Aarhus University

Session 2
Chair: Jean-Sebastien Fontaine, Bank of Canada

What Moves Treasury Yields?

Emanuel Moench, Deutsche Bundesbank
Soroosh Soofi-Siavash, Bank of Lithuania
Discussant: Andre Kurmann, Drexel University

Session 3
Chair: Antonio Diez de los Rios, Bank of Canada

Macroeconomic News in Asset Pricing and Reality

Gregory Duffee, Johns Hopkins University
Discussant: Scott Joslin, University of Southern California