Release Number 8820-23

Inter-Agency Working Group Releases New Report on Treasury Market Resilience Efforts

November 06, 2023

— The Inter-Agency Working Group on Treasury Market Surveillance (IAWG)—which is composed of staff from the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission—today issued a staff progress report to provide an additional update on a wide range of significant steps its members have taken to enhance the resilience of the U.S. Treasury market. The IAWG members have, among other steps:

These steps build on the work described in the IAWG’s 2022 Staff Progress Report, which summarized the various steps its members had taken and discussed additional polices under consideration.  On November 16, 2023, the IAWG will convene its ninth annual U.S. Treasury Market Conference to further discuss recent developments and proposals to improve Treasury market resilience.

Read the full report here and under Related Links.