The Federal Deposit Insurance Corp. advanced regulators’ plan to ease a key capital rule that big banks have said limits their ability to act as intermediaries in the $29 trillion Treasuries market.

The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasurys and act as intermediaries in the $29 trillion market.

The Federal Reserve (Fed) has unveiled plans to roll back an important capital rule that big banks say limits their ability to hold more Treasuries and act as intermediaries in the US$29 trillion market.