US Treasury Market Hack and its Impact on Market Stability

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Discussion on the impact of a recent hack on the US Treasury market, including details on the poor 30-year auction and the involvement of ransomware group Lockbit. The chapter raises concerns about market security and stability in light of cyber attacks.

The UK’s Takeover Panel has reported its first deficit in almost a decade, and oil prices have been cooling off at a pretty weird time. Plus, the FT’s Kate Duguid explains why a hack at China’s biggest bank put the US Treasury market on ice.

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UK Takeover Panel falls victim to deal drought

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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