US dollar climbs after Fed ends SLR exemption
Summary
By sueyangfx.com March 19, 2021 at 01:47PM Yields higher The US dollar is near the best levels of the day after the Fed announce that it would end an exemption that allowed banks not to have to post capital buffers […]
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March 19, 2021 at 01:47PM
Yields higher
The US dollar is near the best levels of the day after the Fed announce that it would end an exemption that allowed banks not to have to post capital buffers against Treasury holdings. The result of Treasury liquidation but much of it was likely frontrun.