{"id":1474165,"date":"2024-06-28T20:40:00","date_gmt":"2024-06-29T00:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1474165"},"modified":"2024-06-28T20:40:00","modified_gmt":"2024-06-29T00:40:00","slug":"ahead-of-stress-tests-banks-saw-big-adjusted-deposit-inflows-but","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/ahead-of-stress-tests-banks-saw-big-adjusted-deposit-inflows-but\/1474165\/","title":{"rendered":"Ahead Of Stress-Tests, Banks Saw Big (Adjusted) Deposit Inflows, But&#8230;"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Ahead Of Stress-Tests, Banks Saw Big (Adjusted) Deposit Inflows, But&#8230;<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Money market funds saw modest inflows last week (up around $5BN) as bank deposits (NSA) saw $25.7BN outflows&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm270E.jpg?itok=hBvBNQka\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>However, on a seasonally-adjusted basis,<strong> total bank deposits rose by $38BN last week to their highest since SVB&#8217;s collapse&#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmB03.jpg?itok=bk2bidwM\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>And, excluding foreign deposits, domestic banks saw <strong>seasonally-adjusted deposits rise $57.7BN<\/strong> (large banks +$55.5, <strong>small banks +$2.2BN<\/strong>), while on an <strong>NSA basis, domestic deposits tumbles $4.3BN<\/strong> (large banks +8.4BN, <strong>small banks -$12.7BN<\/strong>)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmF14D.jpg?itok=-1F5z9_i\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>On the other side of the ledger, loan volumes increased on the week, driven by a $11.8BN rise at small banks (while large banks saw loan volumes shrink by $255MM), which is weird given the massive SA rise in large bank deposits&#8230;.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm23E6.jpg?itok=csuMvIhs\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>Usage of The Fed&#8217;s Reverse Repo facility soared across quarter-\/month-end (as it tends to do)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm3845.jpg?itok=RWQ1txSj\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>Finally, US equity market capitalization remains drastically decoupled from its historically tight relationship with bank reserves at The Fed&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmE551.jpg?itok=rslmP743\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>But globally, central bank balance sheet shrinkage continues as stocks soar&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/cb_0.jpg?itok=-AD7pqIw\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>Now that would be quite recoupling.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 06\/28\/2024 &#8211; 16:40<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/ahead-stress-tests-banks-saw-big-adjusted-deposit-inflows\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/markets\/ahead-stress-tests-banks-saw-big-adjusted-deposit-inflows<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead Of Stress-Tests, Banks Saw Big (Adjusted) Deposit Inflows, But&#8230; Money market funds saw modest inflows last week (up around $5BN) as bank deposits (NSA)&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1474166,"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-1474165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6buR","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2024\/06\/bfm270E-bRCSTM.jpeg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1474165","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=1474165"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1474165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1474166"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1474165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1474165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1474165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}