
Industry relief as US keeps leverage ratio reform on the table
Risk USA: Market participants welcome Treasury market report, which includes possible SLR changes

Market participants have welcomed news that US regulators would still consider reforms to the supplementary leverage ratio, as part of efforts to improve the functioning of Treasury markets.
“We’ve all been waiting since March to hear something on what happens with SLR … [this is] somewhat comforting,” said Priya Misra, global head of rates strategy at bank-affiliated primary dealer TD Securities.
Misra was speaking at Risk USA on November 8, the same day as an Inter-Agency Working Group (IAWG
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