"On the run" Treasury bonds are so-called because of large purchases from the Cayman Islands and other bank "havens".

Name: "On the run" Treasury bonds are so-called because of large purchases from the Cayman Islands and other bank "havens".
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"On the run" Treasury bonds refer to the most recently issued U.S. Treasury bonds or notes of a particular maturity. They are considered the most liquid and are in active trading, not specifically related to purchases from the Cayman Islands or other bank havens.

"On the Run" Treasury Bonds Are So-Called Because of Large