UPDATE 1-High-frequency trading gives rise to 'liquidity mirage' -N.Y. Fed
October 09, 2015 at 10:40 AM EDT
NEW YORK, Oct 9 (Reuters) - The growth of high-frequency trading in U.S. Treasuries has made it more difficult to gauge real-time liquidity to trade U.S. government debt in futures and cash exchanges, according to a New York Federal Reserve blog published on Friday.
