---
title: U.S. Monetary Policy and Global Market Liquidity
url: https://www.ml-quant.com/papers/ssrn/7535199/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-02
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7535199
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7535199
featured: 2026-10-02
citations: unknown
topic: Macro-Finance & Rates
---


# U.S. Monetary Policy and Global Market Liquidity

The study shows that US federal funds rate shocks widen bid-ask spreads on equities across 37 markets for up to two months, while longer-maturity yield surprises reprice equities without affecting liquidity.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7535199
- Identifier: SSRN 7535199
- Released: 2026-09-28
- First featured: Quant Letter No. 133 (2026-10-02): https://www.ml-quant.com/issues/2026-10-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: James Brugler, Dominik Rösch, Hadi R. Wang

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