JPMorgan Blames Cash Market for Flash Rally

The video discusses a disruption in the US Treasury market, initially thought to be caused by futures markets but later attributed to the cash market by JP Morgan. The discussion includes the speed of market movements, historical context, and the role of market structure. It also compares futures and cash markets, highlighting liquidity differences, and introduces the new Ultra Treasury security.

What was the initial belief about the cause of the sudden move in Treasury prices?

• JP Morgan's theory was the cause.

• The cash market was the cause.

• The futures market was the cause.

• A government report identified the cause.

According to JP Morgan, what was the actual source of the sudden move in Treasury prices?

• The futures market

• The cash market

• A government report

• The options market

What did the government report conclude about the sudden move in the Treasury market?

• It did not point to any specific cause.

• It blamed the futures market.

• It blamed the cash market.

• It identified a specific cause.

Why are big traders increasingly dealing with futures and options markets?

• They have fewer players.

• They offer higher returns.

• They are more liquid and easier to trade.

• They are less volatile.

What is the purpose of the newly launched Ultra 10-year Treasury security?

• To increase market volatility

• To replace existing Treasury securities

• To provide a new investment option

• To target a specific part of the yield curve for hedging