- US Treasuries experienced its most volatile period since 2008, surpassing levels seen during the Covid-19 pandemic.
- Daily trading volumes more than doubled as a result of the failure of Silicon Valley Bank.
- Investors and analysts said that the market functioning held up despite the volatility.
- Market liquidity and ease of trading deteriorated during the crisis.
- The crisis has prompted conversations about more regulation of the financial sector.
US Treasuries’ rollercoaster ride strains bond market functioning
Daily trading volumes more than doubled as failure of SVB sparked headlong dash to safety of government debt
