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Geithner Says Fed’s Rate Pivot Highlights Need for Treasury Market Fixes

The Federal Reserve’s dash to withdraw stimulus within the midst of concern that top inflation may very well be extra persistent is underscoring the necessity to enhance the resilience of the U.S. Treasury market, based on a report ready by former senior coverage makers.

The Group of 30, an impartial group of central bankers, financiers and present and previous regulators, launched the report to spotlight the standing of really useful overhauls to the $23 trillion market for U.S. authorities debt. The report adopted an preliminary set of suggestions launched final 12 months to scale back the danger of a crackup in the Treasury market.

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