Crypto

Fed Study Finds Treasury Dealer Financing Burden Can Outlast Bond Holdings

Treasury dealers continue financing client bonds even after their own auction inventories clear.

Each dollar of Treasury coupon issuance expands dealer balance sheets by about 21 cents.

The effect of coupon issuance on dealer long positions typically fades within three days.

Financing constraints on traditional dealers could potentially transmit pressure into crypto markets.

Read the full story on NexVani Media

Read the full story