Why Some Banks are Holding Stimulus Checks Until the 17th

In today’s show, you will learn why some banks are withholding stimulus checks until Wednesday and why this month’s FOMC meeting might come with a big announcement. We’ll also continue our discussion on the SLR Rule, learn why the primary-dealer banks may have been forced to sell Treasuries, how hedge-fund managers are positioned in the futures market, and foreign-held Treasury positioning.