Treasury Wants Large Holders of 2020 Note to Identify Themselves
This article is for subscribers only.
The U.S. Treasury Department asked holders of large positions in a 10-year note it issued last year to identify themselves, tapping rules used sporadically since the 1990s to guard against market manipulation.
Anyone whose position in the 0.875% Treasury maturing in November 2030 amounted to $4.1 billion or more on Nov. 16 or Dec. 14 needs to report back to the government by July 22, according to a statement released Thursday. That was the benchmark 10-year Treasury at that point in the fourth quarter.