Federal Reserve official Lynch expects capital regulation reforms on US Treasury bonds to be imminent.

David Lynch, Deputy Assistant Director of the Federal Reserve Board, stated that reforms aimed at reducing the risk of trading freezes in US Treasury bonds may soon be implemented due to strong market participants' willingness. "Clearly, reforms regarding supplemental leverage ratios have gained widespread support," Lynch said at the International Swaps and Derivatives Association conference. "These reforms may be implemented in the near future, rather than being tied to Basel III," he added, noting that reforms under Basel III are much more complex.