CFTC Probing Treasury Futures Spike Ahead Of Jobs Report

CFTC is reviewing Treasury futures spikes just ahead of the U.S. government’s release of key data on jobs market. Karen Brettell and Ann Saphir of Reuters, citing a CFTC commissioner, indicated CFTC would be reviewing the trades as part of its standard operating procedures. CME trading halted briefly last Friday Last Friday, Chicago-based CME Group Inc (NASDAQ:CME) triggered a five-second pause in contracts linked to the yields of 10-year and 30-year Treasury bonds, before the U.S. government data revealed a drop in employment growth in July. CME is one of the world’s biggest marketplaces where investors take exposures by hedging against…