JPMorgan Blames Cash Market for Flash Rally

The video discusses a disruption in the US Treasury market, initially thought to be caused by futures markets but later attributed to the cash market by JP Morgan. The discussion includes the speed of market movements, historical context, and the role of market structure. It also compares futures and cash markets, highlighting liquidity differences, and introduces the new Ultra Treasury security.

What are the implications of big traders preferring futures and options markets over cash markets?

What is the significance of the newly launched Ultra 10-year treasury security?