The US Treasury bond market on the Chicago Mercantile Exchange was briefly interrupted on Wednesday due to technical issues. A spokesperson said in response to an inquiry. Spokesman Timothy Barrello said via email: “Our US Treasury bond market continues to trade.” Earlier, traders claimed that a so-called “failover incident” occurred, that is, when the exchange's initial system fails, it automatically switches to a backup system. Barrello said that at 11:22:07 a.m. Central Time, “due to technical issues, the US Treasury futures market segment gateway was switched to a backup gateway according to the design.” Trading resumed at 11:22:27 after a 10-second pre-opening preparation period.

The US Treasury bond market on the Chicago Mercantile Exchange was briefly interrupted on Wednesday due to technical issues. A spokesperson said in response to an inquiry. Spokesman Timothy Barrello said via email: “Our US Treasury bond market continues to trade.” Earlier, traders claimed that a so-called “failover incident” occurred, that is, when the exchange's initial system fails, it automatically switches to a backup system. Barrello said that at 11:22:07 a.m. Central Time, “due to technical issues, the US Treasury futures market segment gateway was switched to a backup gateway according to the design.” Trading resumed at 11:22:27 after a 10-second pre-opening preparation period.