{"id":1432729,"date":"2023-10-13T20:40:00","date_gmt":"2023-10-14T00:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1432729"},"modified":"2023-10-13T20:40:00","modified_gmt":"2023-10-14T00:40:00","slug":"big-bank-loan-volumes-continue-to-decline-as-deposit-outflows-return","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/big-bank-loan-volumes-continue-to-decline-as-deposit-outflows-return\/1432729\/","title":{"rendered":"Big Bank Loan Volumes Continue To Decline As Deposit Outflows Return"},"content":{"rendered":"

Big Bank Loan Volumes Continue To Decline As Deposit Outflows Return<\/span><\/p>\n

\n

Retail money-market funds inflows continued this week, and more troubling (ahead of the coming regional bank earnings), usage of The Fed’s emergency funding facility jumped to a new record high over $109BN<\/a><\/strong>. Big banks had a good day today on earnings.<\/p>\n

That’s the not-so-rosy picture ahead of tonight’s bank deposit data debacle from The Fed.<\/p>\n

On a seasonally-adjusted basis, total deposits declined by $12.4BN<\/strong> (after two big weekly deposit inflows)…<\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

However, on an unadjusted basis, total deposits rose $41.5BN…<\/strong><\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

And so, removing foreign bank flows, we see domestic banks diverging on an SA vs NSA basis once again ($41.6BN inflows NSA, $17.5BN outflows SA)…<\/strong><\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

On the bright side, the gap between SA and NSA deposits outflows since the SVB crisis is narrowing (only $57BN now)…<\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

On the other side of the ledger, loan volumes shrank again by over $10BN with large bank loan volumes declining for the 3rd straight week<\/strong>…<\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

The key warning sign continues to trend lower (Small Banks’ reserve constraint), supported above the critical level by The Fed’s emergency funds (for now)…<\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

…we sure hope these banks are making plans to fill the $109BN hole in their balance sheets they are filling with expensive Fed loans.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 10\/13\/2023 – 16:40<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/big-bank-loan-volumes-continue-decline-deposit-outflows-return<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Big Bank Loan Volumes Continue To Decline As Deposit Outflows Return Retail money-market funds inflows continued this week, and more troubling (ahead of the coming…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1432729","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-60Ix","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1432729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1432729"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1432729\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1432729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1432729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1432729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}