MFA Issues Statement on the G30 U.S. Treasury Market Report

Washington — Managed Funds Association Executive Vice President for Global Markets and Research Michael Pedroni today issued the following statement in response to the U.S. Treasury Market report released by the G30 Working Group on Treasury Market Liquidity:

“MFA welcomes the thoughtful recommendations of the G30 Working Group on Treasury Market Liquidity and strongly agrees with the recommendation that regulators continue to study options for the implementation of central clearing in Treasury markets.

“The hedge fund and alternative investment industry supports efforts to improve overall Treasury market function and resilience, including in times of market shocks, such as the March 2020 market turmoil. Data continue to show hedge funds did not a pose systemic risk to the financial system during that time.”