What does USTI primarily monitor?

USTI primarily monitors US Treasuries and USD swaps, which are critical components of the financial markets. The USTI, or the U.S. Treasury Index, specifically tracks the performance of U.S. Treasury securities. These securities are issued by the U.S. Department of the Treasury and serve as a benchmark for interest rates and a gauge of investor sentiment regarding the U.S. economy.

Furthermore, USTI also encompasses USD swaps, which involve exchanging cash flows in different currencies and are significant in understanding the dynamics of interest rate expectations and credit risk. Monitoring both U.S. Treasuries and USD swaps helps investors assess the stability of the U.S. financial system, government credit quality, and implies market expectations for future economic conditions.

The other options focus on areas that are not the primary purpose of the USTI. For instance, while municipal bond rates are important, they fall outside the scope of USTI's focus on U.S. Treasuries. Similarly, bond maturation timelines involve a different aspect of bond analysis rather than monitoring market instruments directly. Lastly, global CDS pricing relates to credit default swaps, which, although important for gauging market risk, do not align with USTI’s primary monitoring activities. Thus