
Yesha Yadav on Treasury Market Turmoil and Potential Solutions for Reform
Macro Musings with David Beckworth
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Transparency in the US Treasury Market
Transparency is the hallmark of our securities markets, right? That we have broad transaction reporting. We can see what trades are happening in real time. The equity market is just incredibly transparent from that perspective. So traditionally, the US treasury market has lacked a secondary market reporting regime. This was remedied in like 2017 with an amendment in 2019 to ensure that all members of FINRA were reporting their trades much more systematically.
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