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News
June 10, 2015

Bloomberg: Justice Department Set to Begin Probes of U.S. Treasury Market

The U.S. Justice Department may have found its new target: The U.S. Treasury Market.

Bloomberg reports that, following its settlements with major banks over foreign currency markets, the DoJ has begun an examination of trading in the U.S. Treasury Market, and possibly even gold and silver markets and in “trading around certain oil benchmarks.”

“Wall Street’s collective sigh of relief at wrapping up those long-running (foreign currency) investigations could be quickly replaced by concern” over the new federal probes.

Read the full story here.

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