DOJ Probing Goldman For Rigging Treasury Auctions
the charge is that Goldman, one of the 23 US primary dealers, won almost all Treasury bond auctions from 2007 to about 2011 even after the Treasury department established safeguards to maintain competitiveness
http://www.zerohedge.com/news/2017-05-03/doj-probing-goldman-rigging-treasury-auctions
Hardly surprising, as they probably told the Treasury what coupon price they wanted according to their book…