United States

Probe into Wall Street banks over rigging US Treasury auctions stalls

A politically dicey investigation into Wall Street banks allegedly rigging US Treasury auctions has stalled due to a lack of evidence, and it’s unclear if the federal government will bring any charges against the companies, The Post has learned. The antitrust probe, which threatened to be an embarrassment for officials in both the Obama and Trump administrations, was focused on whether Goldman Sachs traders colluded with others to fix prices in the $13 trillion Treasurys market, sources have told The Post. Investigators are hitting dry wells in their evidence hunt through thousands of pages of Bloomberg chats, plus dozens of interviews, to bring a clear case, one law enforcement official familiar with the probe told The Post. “Th ...