Corporate Bond Market Distress Index (CMDI) 12551 View more insights in Policy Organisations - Social Sciences - Economics - Banks and Policy Organisations - Macroeconomics View more figures from Federal Reserve Bank of New York View the page of Nina Boyarchenko · Nina Boyarchenko links bond market functioning to future economic activity through a new measure, the Corporate Bond Market Distress Index (CMDI). CMDI Page Study Image courtesy of interviewee. June 29, 2022