Third-party clearing systems, which offer automated post-trade processing, were unable to cope with the volume of US Treasury trades, according to seven industry sources, as throughput doubled to $1 ...

Michelle Bowman, nominated to be the next vice-chair for supervision at the Federal Reserve, found herself playing defence ...

US banks held a record $2.27 trillion in US Treasuries at the end of 2024, exposing them to mounting losses as bond prices fell in the wake of US President Donald Trump’s tariffs announcement on April ...

Buy-side risk experts have said the tariff-driven volatility of the past few days has highlighted the need for flexible approaches to stress-testing, with a move beyond traditional assumptions and ...