MNI BRIEF: Treasury Launches RFI to Improve Market Resilience

The U.S. Treasury Department and the Inter-Agency Working Group on Treasury Market Surveillance Thursday published a request for information to solicit public feedback on additional post-trade data transparency in the Treasury market, the next step in its work to bolster market resilience.

The public comment period will remain open for 60 days following the publication of the RFI. A copy of the RFI has been submitted to the Office of the Federal Register for publication.

“Soliciting public comment on ways to increase transparency in the Treasury market is part of an effort to help ensure that the Treasury market continues to be the deepest and most liquid market in the world,” Nellie Liang, Under Secretary of the Treasury, said in a statement. Liang told MNI in an interview last month the Treasury RFI would be issued this month and to expect further Treasury market reform efforts this year.