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The SLR Is the Supplemental Leverage Ratio
The SLR is the supplementary leverage ratio. And this is how much treasuries the bank is allowed to hold on their books, right? Yeah. That amount for how much they have land on it. They could either change that ratio or just say, well, you don't need to have a ratio at all in this environment because it's so important as the repo market starts to break and we're going to need you to come in and buy these treasuries. The treasuries go on the, the bank's balance sheets. That's essentially a form, a sneaky form of additional QE, right?Yeah. Absolutely. It's a form, it's a form