The past several years in the US Treasury market have not been what you’d call smooth sailing. Three crises in a decade recently pushed regulators to introduce important changes to the world’s largest and most liquid market. The Securities and Exchange Commission passed the most significant reform a few months ago. The FT’s capital markets correspondent Kate Duguid examines that change — plus the potential pitfalls and promise that come with it.

Clips from CNBC, Bloomberg

- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

The radical changes coming to the world’s biggest bond market

Has Gensler’s SEC pushed Wall Street too far?

SEC tussles with shadow trades in the US Treasury market

Ransomware attack on ICBC disrupts trades in US Treasury market

- - - - - - - - - - - - - - - - - - - - - - - - - -

On X, follow Kate Duguid (@kateduguid) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Back To The Basics: The Sleep-Breathing Paradigm [Podcast 39]