US Plans to Unveil More Data on Treasuries Trading to Help Bond Market
- Treasury’s Nellie Liang unveils proposal at New York event
- Trade data would start with on-the-run nominal Treasuries
The US Treasury Department in Washington, DC
Photographer: Graeme Sloan/BloombergThis article is for subscribers only.
US regulators are taking a fresh step toward enhancing the level of public reporting of Treasuries trading data, a move aimed at helping boost the resiliency of the world’s biggest bond market.
“We are proposing to provide transaction-level transparency to the public, in a gradual and in a calibrated way,” the Treasury Department’s top domestic finance official, Nellie Liang, said in remarks at an annual conference on the Treasuries market in New York Wednesday. “We will walk, not run,” she said, without specifying when the new trading data will start getting released.