The U.S. Treasury market is the deepest and most liquid government securities market in the world. It plays a critical and unique role in the global economy, serving as the primary means of financing the U.S. federal government, a significant investment instrument and hedging vehicle for global investors, a risk-free benchmark for other financial instruments, and an important market for the Federal Reserve’s implementation of monetary policy.
Since 2015, the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission (Joint Member Agencies) have co-hosted an annual conference to examine ongoing developments in the U.S. Treasury market.
The Joint Member Agencies convened the sixth annual conference on Tuesday, September 29, 2020. This year’s event, which took place via videoconference, focused on recent developments in the Treasury Market, including the impact of the COVID-19 crisis.
The keynote addresses and expert panels included representatives from both the public and private sectors. Featured speakers at this year's conference included:
- John C. Williams, President and CEO, Federal Reserve Bank of New York
- The Honorable Heath P. Tarbert, Chairman, U.S. Commodity Futures Trading Commission
- The Honorable Elad L. Roisman, Commissioner, U.S. Securities and Exchange Commission
- The Honorable Justin Muzinich, Deputy Secretary of the Treasury, U.S. Department of the Treasury
Panel moderators included the Honorable Richard H. Clarida, Vice Chair of the Board of Governors of the Federal Reserve System, and Lorie K. Logan, Executive Vice President, Manager of the System Open Market Account, and head of Market Operations, Monitoring, and Analysis at the New York Fed.
Sponsors
U.S. Department of the Treasury
Board of Governors of the Federal Reserve System
Federal Reserve Bank of New York
U.S. Securities and Exchange Commission
U.S. Commodity Futures Trading Commission
Information from the Joint Member Agencies’ past Treasury Market conferences is available on the Federal Reserve Bank of New York’s website: 2015, 2016, 2017, 2018 and 2019.
September 29, 2020
9:00 a.m. EDT
The event was available for public viewing via webcast that opened 15 minutes prior to the event start time.
Conference participation was by invitation only.
John C. Williams
President and CEO, Federal Reserve Bank of New York
The Honorable Justin Muzinich
Deputy Secretary, U.S. Department of the Treasury
The Honorable Elad L. Roisman
Commissioner, U.S. Securities and Exchange Commission
Media
This event was open to the press and on the record. For media inquiries, please contact Brian Manning: brian.manning@ny.frb.org.
