Enhancing the Resilience of the U.S. Treasury Market: 2022 Staff Progress Report

Excerpt:  “The Inter-Agency Working Group on Treasury Market Surveillance (IAWG) members have, among other steps:  1) proposed rules to enhance the oversight of significant participants in and trading venues for the Treasury market and to centrally clear more Treasury transactions;  2) approved enhancements to the collection and public release of data on secondary market transactions;  3) initiated a pilot collection of data on non-centrally-cleared bilateral repurchase agreements;  4) studied the potential benefits and costs of all-to-all trading in the Treasury market;  5) analyzed options for achieving a more uniform margin regime across different market segments and for consistently identifying market participants across data collections;  6) and collected public feedback on possible approaches to additional public transparency.”