Morning Scan: Feds Looking into Treasury Auction Rigging, Commoditie...

Wall Street Journal

Prosecutors and regulators want to know if traders rigged auctions on government debt.

The Justice Department and the Commodity Futures Trading Commission have sent requests to banks that serve as primary dealers, seeking information about orders, trading and pricing in Treasury Department auctions.

"Authorities are looking into whether bank traders worked together to bolster their own profits by depressing prices at U.S. government debt auctions," the Journal said, citing unnamed sources. ...