(Corrects to say was a trade delay, not a trading halt)
May 2 (Reuters) - The CME Group had a 10-second pause in some Treasuries futures contracts on Friday, immediately after the highly anticipated U.S. jobs report for April was released.
Trading in 5-year Treasury futures paused for 10 seconds, Reuters data shows, disrupting one of the world's biggest marketplaces where investors bet on and hedge against bond-market swings.
A CME spokesperson said a backup process was triggered that created a delay in matching Treasury and Fed Fund futures. The exchange is looking into the cause of the backup.
Reuters data shows trading stopped at 8:30:04 a.m., immediately after the data was released, and resumed at 8:30:15 a.m.
(Reporting by Karen Brettell; Editing by James Dalgleish)
- Budget, Tax & Economy
- CME Group