U.S. Recommends Release of Treasuries Trading Volume Statistics

After years of reviewing a hotly debated issue, the U.S. government has decided to recommend publicly releasing data on Treasuries trading volume.

Treasury Secretary Steven Mnuchin’s debt managers Sept. 23 detailed to an audience of Wall Street’s elite, central bankers and regulators the results of their years-long examination of transparency in the world’s biggest bond market.

Speaking at an event at the Federal Reserve Bank of New York, Deputy Treasury Secretary Justin Muzinich said the department was advising that the Financial Industry Regulatory Authority, which has been collecting transactions data since 2017, release weekly aggregate volume statistics.

The decision ...