{"id":1475510,"date":"2024-07-05T20:40:00","date_gmt":"2024-07-06T00:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1475510"},"modified":"2024-07-05T20:40:00","modified_gmt":"2024-07-06T00:40:00","slug":"us-bank-deposits-fell-ahead-of-stress-tests-fed-bailout-facility-stuck-at-massive-107bn","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/us-bank-deposits-fell-ahead-of-stress-tests-fed-bailout-facility-stuck-at-massive-107bn\/1475510\/","title":{"rendered":"US Bank Deposits Fell Ahead Of Stress Tests; Fed Bailout Facility Stuck At Massive $107BN"},"content":{"rendered":"

US Bank Deposits Fell Ahead Of Stress Tests; Fed Bailout Facility Stuck At Massive $107BN<\/span><\/p>\n

\n

Heading into the bank stress tests, money-market fund total assets rose by a de minimus $5BN while seasonally-adjusted bank deposits fell $18BN to $17.594 TN…<\/p>\n

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

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

And, on a non-seasonally-adjusted basis, deposits also fell (for the second straight week) by $14.8BN<\/p>\n

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

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

Excluding foreign deposits, total domestic deposits fell on both an SA and NSA basis (-$15BN and -$5BN respectively)…<\/p>\n

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

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

Small banks and Large banks both saw $7.5BN outflows (SA) each, <\/strong>while on an NSA basis, Small banks saw $5.9BN outflows as Large banks saw around $1BN of deposits inflows.<\/p>\n

Usage of The Fed’s bank bailout facility shrank a tiny amount – but still remains at an extremely high $107BN that the banks do not want to repay any time soon…<\/p>\n

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

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

On the other side of the ledger, loan volumes shrank overall with a $630MN increase at large banks offset by a $3.7BN loan volume shrink at small banks…<\/p>\n

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

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

Finally, US equity market capitalization remains drastically decoupled<\/strong> from its historically tight relationship with bank reserves at The Fed…<\/p>\n

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

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

But globally, central bank balance sheet shrinkage continues as stocks soar…<\/p>\n

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

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

Now that would be quite recoupling…<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 07\/05\/2024 – 16:40<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/us-bank-deposits-fell-ahead-stress-tests-fed-bailout-facility-stuck-massive-107bn<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

US Bank Deposits Fell Ahead Of Stress Tests; Fed Bailout Facility Stuck At Massive $107BN Heading into the bank stress tests, money-market fund total assets…<\/p>\n","protected":false},"author":0,"featured_media":1475511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1475510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1475510","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=1475510"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1475510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1475511"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1475510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1475510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1475510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}