X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In today’s bond market, there’s plenty of hand-wringing about liquidity, or rather, the lack of it.

It’s become so pervasive that even in the market for U.S. Treasuries—the deepest and most liquid on the planet—buyers are gravitating to the newest, easiest-to-sell debt. This year, investors are paying almost twice the average premium to own the most recently auctioned 10-year notes, known as “on-the-run” securities, instead of “off-the-run” ones issued just a few months earlier, data compiled by Barclays Plc show.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.