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US Rates: SLR reform: Helpful, but not a panacea

At Any Rate

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Navigating Treasury Market Liquidity in Light of SLR Reform

This chapter explores the impact of potential SLR relief on liquidity within the treasury market and its effects on market-making processes. While acknowledging some benefits, it emphasizes that this relief is not a complete fix for underlying funding conditions, with ongoing pressures in the repo market anticipated.

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