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What happened in the 1990s that explains the small decrease in the size of the U.S. Treasury markets pre-2000? What happened in the early 2000s

  1. What happened in the 1990s that explains the small decrease in the size of the U.S. Treasury markets pre-2000?
  2. What happened in the early 2000s that reversed this decrease?
  3. What caused that large growth in the Treasury market starting in 2007/2008?

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