According to a report prepared earlier by senior policymakers, the US Federal Reserve’s withdrawal of stimulus measures amid fears that high inflation could persist further underscores the need to must improve the resilience of the US Treasury market.
Group 30, an independent group of current and past central bankers, financiers and regulators, released a report to highlight the status of recommended overhauls. offer for the $23 trillion market for US government debt. The report follows a series of recommendations originally made last year to reduce the risk of a Treasury market crash.
https://www.wsj.com/articles/geithner-says-feds-rate-pivot-highlights-need-for-treasury-market-fixes-11656595800?mod=pls_whats_news_us_business_f Geithner Says Fed Rate Swing Highlights Needs Treasury Market Fix