Wall Street's Pile of Unwanted Treasuries Exposes Market CracksBy and
Firms' holdings in February reached highest since 2013
Ripple effects seen in repos, futures, harder-to-trade debt
The world’s biggest bond dealers are getting saddled with Treasuries they can’t seem to easily get rid of, adding to evidence of cracks in the $13.3 trillion market for U.S. government debt.
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