US report finds ‘no single cause’ of October 15 volatility in Treasury market

Federal Reserve
The Federal Reserve's eagle

The infamous bout of volatility in the US Treasury market on October 15, 2014, had "no single cause", according to an eagerly awaited report from US officials.

Staff members at the US Treasury, Federal Reserve Board of Governors, Federal Reserve Bank of New York, US Securities and Exchange Commission and US Commodity Futures Trading Commission assessed the "very rapid round-trip in prices" in the market in the report.

The yield on the benchmark 10-year Treasury security "experienced a 37-basis-p

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: