World & BusinessUS Treasuries' shift to central clearing reportedly ahead of schedule
The transition also covers repurchase agreements backed by Treasuries, Bloomberg reports, citing New York Fed President John Williams.
TLDR
Bloomberg reports that New York Fed President John Williams said the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements was ahead of schedule.
US Treasuries' shift to central clearing reportedly ahead of schedule
The transition also covers repurchase agreements backed by Treasuries, Bloomberg reports, citing New York Fed President John Williams.
TLDR
Bloomberg reports that New York Fed President John Williams said the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements was ahead of schedule.