As Bank reserves with Fed surged in 2020 they forced the question of what to do with the Supplementary Leverage

As Bank reserves with Fed surged in 2020 they forced the question of what to do with the Supplementary Leverage Ratio. That question now hangs over the Treasury market … until March 31st? New Chartbook Newsletter #16 on where plumbing meets politics.
adamtooze.substack.com/p/chartbook-ne… https://t.co/7nPpCJxA6m

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