U.S. Treasury liquidity shifts to month-end as passive funds dominate: NY Fed research

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Sep. 28, 2024 4:30 PM ETIEF, SHY, TLT, SHV, IEI, TLH, SPTL, EDV, DXYN, TBT, TMF, TMV, TBF, ZROZ, VGSH, VGIT, VGLT, SCHO, GOVT, SGOV, US10Y, US2Y, US30Y, US3M, US5Y, TLTWBy: Max Gottlich, SA News Editor
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At the close of each month, U.S. Treasuries experience a surge in trading activity, driven largely by passive investment funds rebalancing their portfolios, according to a recent blog post written by three researchers at the Federal Reserve Bank of New York. But this recurring pattern