NEW YORK – Trading in the Treasury futures market was halted for five seconds during the release of the jobs report on Friday due to a surge in trading activity just before the report was released, according to Nanex data released Friday. Volume surged in trading of 5-year notes 8/10ths of a second before the Labor Department release, tripping a circuit breaker and shutting down the market until four seconds after the release, according to Nanex, which publishes research on market events and data. Treasury futures were also halted before the release of jobs reports on Nov. 8 and Jun. 7.
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