BIS central bankers’ speeches  5  sovereignty respectful of the sovereignty of other nations… that anticipates the limitations of “going it alone” while foreseeing the benefits of joint action”.13 The debt crisis in Europe has painfully shown the limits of national sovereignty.
We are also pleased to welcome two keynote speakers from the US, Gregory Duffee and Glenn Rudebusch, who are both leading researchers in the literature, representing academia and the Federal Reserve System, respectively. Both will talk about the influence of unconventional monetary policy on the yield curve and it will be enlightening to hear their perspectives on the subject.