Treasury Inflation-Indexed Securities1 Average Daily Trading Volume $ Billions
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2008 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD '07 YTD '08 % Change
1
0.9 1.0 1.2 2.0 2.4 3.7 6.0 8.8 7.7 8.0
9.9 7.0 7.9 7.0 8.8 9.0 9.1 7.0 7.7 7.8 7.8 6.7
10.8 9.4
8.5 10.1 19.3%
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Primary dealer activity
Source: Federal Reserve Bank of New York