Mar 02, 2020 / 06:40PM GMT
Patrick Joseph O'Shaughnessy - Raymond James & Associates, Inc., Research Division - Research Analyst
So with that, I'll kick it off.
Questions and Answers:
Patrick Joseph O'Shaughnessy - Raymond James & Associates, Inc., Research Division - Research AnalystSo maybe just a quick current events question. Obviously, other stuff in the news that the coronavirus fears has impacted the markets. What are you guys seeing right now in terms of your volumes and then the characteristics of your volumes?
Richard Mitchell McVey - MarketAxess Holdings Inc. - Chairman & CEO
Sure. Happy to comment to the extent that we can. Maybe monthly volume report, we would expect to be out, as it normally is after the close tomorrow, FINRA TRACE numbers will be finalized today. But suffice to say there's a lot of volatility across markets last week and that included credit. Everyone is familiar with the headlines on 10-year U.S. treasury yields, which dropped about 60 basis points through the