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Fleming, published in the New York Fed's Liberty Street Economics. Its findings are framed as the authors' reports and conclusions. The text is a single analytical post, not a listing.","excerpt":"Henry Dyer and Michael J. Fleming, “Treasury Market Liquidity Since April 2025,” Federal Reserve Bank of New York Liberty Street Economics"},{"dimension":"summary","status":"uncertain","explanation":"The summary faithfully reflects the post's arc and caveats. However, its central terms go unexplained and the definitions list is empty: liquidity, bid-ask spread, order book depth, price impact, interdealer market and high-frequency data. A non-specialist reader cannot tell what a liquidity worsening means in practice. Smallest repair: add the source's own plain definition of liquidity, quoted here, and one-line glosses or term-library tooltips for the three measures. The question is a fair, open issue.","excerpt":"We define market liquidity as the cost of quickly converting an asset into cash (or vice versa)."},{"dimension":"date","status":"pass","explanation":"The stated publication date of April 2, 2026 matches originalPublished and the page dateline. The reading presents nothing later as part of the original and makes no forecast. The Iran reference is integrated into the body and concerns events before publication, so it reads as original even though the page was modified on April 17. The source is a publisher page, so no archive disclosure is needed.","excerpt":"April 2, 2026\nTreasury Market Liquidity Since April 2025"},{"dimension":"support","status":"pass","explanation":"Each claim matches its quoted text: the worsening and quick improvement, the three measures from interdealer data, the uses of the Treasury market, the best level since 2021, the continued-watching conclusion, and the sample ending in February 2026. The cited passages form the core body of the post, not apparent later additions, despite the April 17 modification. The scope limitation is accurate.","excerpt":"Treasury market liquidity warrants continued close watching"},{"dimension":"media","status":"pass","explanation":"No media was selected and no verified candidates were supplied, so no media identity or relevance issue arises.","excerpt":null}],"createdAt":"2026-11-07T15:04:47.307Z","model":"anthropic/claude-opus-5.5"}],"correctionUrl":"https://escapemeridian.com/corrections/"}