Fed Says Basis Trade 'Significantly' Smaller Than Estimated
(Bloomberg) -- Federal Reserve researchers say the amount of money in the Treasury basis trade, a bond-market strategy that has drawn the scrutiny of regulators, could be as little as a third of commonly used estimates.Most Read from BloombergPutin Says Ukraine Deal Requires Security Pledges for RussiaEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryUS House Passes Bill That Would Force TikTok Sale or Ban ItUnited Tells Boeing to Stop Making Its Long Delayed Max 10sPhysical Intel