Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next<blockquote>美联储令市场失望,让SLR救助到期:接下来会发生什么</blockquote>
As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on
Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>
U.S. futures and European stocks climbed, with investors focused on the strength of the global economic recovery and progress in delivering vaccines.Investors remain preoccupied with rising long-term borrowing costs and their implications for reflation trades and the rotation in the stock market from growth to value shares. The benchmark Treasury yield hovered around 1.62% on Monday.At 8:10 a.m. ET, Nasdaq 100 e-minis were up 8.25points, or 0.06%, S&P 500 e-minis were rose 3.75 points, or 0.10%