EPISODE · Nov 25, 2024 · 25 MIN
Crews & Associates’ Mulholland on Treasury Market: Macro Matters
from FICC Focus · host Bloomberg Intelligence
The biggest change to the Treasury market has been algorithmic trading, and the proliferation of high-frequency trading firms (HFTs) and principal trading firms (PTFs), those two are really the main market makers in the inter-dealer broker screens, says Dan Mulholland, senior managing director and head of sales and trading at Crews and Associates. Mulholland is joined by host, and Bloomberg Intelligence’s chief US rates strategist Ira Jersey to discuss evolutions in Treasury trading and market structure. The pair discuss the shifts in depth of book and liquidity intermediation throughout the market, in addition to the drivers and potential risks of the basis trade. They also discuss recent moves in the Treasury market and expectations around Federal Reserve rate cuts, as well as how they may evolve into 2025. The Macro Matters podcast is part of BI’s FICC Focus series.
NOW PLAYING
Crews & Associates’ Mulholland on Treasury Market: Macro Matters
No transcript for this episode yet
Similar Episodes
No similar episodes found.