backs

Wall St regulator backs new push to shore up $24bn Treasury market

Wall St regulator backs new push to shore up $24bn Treasury market

Wall Street’s top regulator has advanced new rules to push more Treasury bond trading by high-speed traders and hedge funds through clearinghouses, in one of its most assertive attempts to shore up the $24 billion market. Clearinghouses sit between trading counterparties and require insurance, or margin payments, to prevent a default from spilling over into …

Wall St regulator backs new push to shore up $24bn Treasury market Read More »

Fed's Waller predicts 'significant' rate hike this month, backs data-dependent approach

Fed’s Waller predicts ‘significant’ rate hike this month, backs data-dependent approach

Christopher Waller, U.S. President Donald Trump’s nominee for Governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, DC, U.S., Thursday, Feb. 13, 2020. Andre Harrer | Bloomberg | Getty Images On Friday, Federal Reserve Governor Christopher Waller echoed recent sentiments from his colleagues, saying he expects a big hike …

Fed’s Waller predicts ‘significant’ rate hike this month, backs data-dependent approach Read More »