Fed Waters Down SLR Expiration With Allusions To Modifications

Fed Waters Down SLR Expiration With Allusions To Modifications

After an agonizing delay, the Fed finally made an announcement on supplementary leverage ratio relief. Temporary exclusions were, in fact, temporary. Exemptions for Treasurys and central bank reserves will expire, as scheduled, on March 31, the Fed said. Notably, the short statement was replete with cautionary language, pseudo-caveats and what amounted to the Fed insisting that it understands the issue and is prepared to have a running dialogue. "The Treasury market has stabilized. However, b
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.