Why Treasury Market Spasms That Shouldn’t Happen Keep Happening
The US Department of Treasury is seen with a statue of Alexander Hamilton, the first Secretary of the Treasury, in Washington, DC (Photographer: David Scull/ Bloomberg News)

Why Treasury Market Spasms That Shouldn’t Happen Keep Happening

 

Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

The U.S. Treasury market is the biggest, most liquid market in the world. Its smooth functioning is also crucial to the economy and the financial system. Yet it keeps experiencing bizarre, seemingly inexplicable bouts of volatility. We saw it in February. We saw it big time last March. And we saw it multiple times in recent years before then. On this episode, we speak with Yesha Yadav, a professor at Vanderbilt Law School, who argues that these episodes can be explained by the inadequate patchwork of regulations governing this market.

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