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Published 27 days ago

US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB

Summary by Zero Hedge
US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB Money-market funds saw a small outflow last week (surprisingly small given how close to Tax-Day we are), leaving them still near record highs over $6 Trillion (and the trend of increased deposits at banks has been accelerating)... Source: Bloomberg Interestingly, amid all the talk of tapering QT, The Fed balance sheet was basically unchanged last week (-$1.4BN)..…

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US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB

US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB Money-market funds saw a small outflow last week (surprisingly small given how close to Tax-Day we are), leaving them still near record highs over $6 Trillion (and the trend of increased deposits at banks has been accelerating)... Source: Bloomberg Interestingly, amid all the talk of tapering QT, The Fed balance sheet was basically unchanged last week (-$1.4BN)..…

27 days ago·United States
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