Before WWII Congress specified terms, duration, purpose in detail. In early 1970s Treasury established auction calendar. In mid 1980s new

Before WWII Congress specified terms, duration, purpose in detail. In early 1970s Treasury established auction calendar.
In mid 1980s new accounting system that made it easier to trade Treasuries.
Fascinating this by @bhgreeley
ft.com/content/b537d3… https://t.co/NWlNo0Ffhq

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