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Treasury Liquidity Dropped In May: BOC Investor Group Minutes

BONDS
  • "One member noted that liquidity of US Treasury bonds has deteriorated significantly, and market depth in selected sectors has reached the historical lows of March 2020," according to minutes from a May 17 Bank of Canada meeting with bond investors published Tuesday
  • "There was limited gapping and markets were functioning, although clearing larger trades had become more challenging recently"
  • Two members of the group "noted that there has been general increase in volatility and decreased liquidity in fixed income markets"
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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