It's getting quiet in the Treasuries market.

U.S. government-debt trading at Wall Street's biggest banks has fallen 8 percent since the end of October from the comparable period last year, according to Federal Reserve data. It's down for the year, too, even with an unprecedented one-day surge in activity on Oct. 15.

While slow markets have pretty much always been bad for banks because they usually profit from more trading, the implications may be far greater this time.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Cash Management
Global Markets
Economy
Kicker
News