The Fed’s Balance Sheet Reduction (QT) Update

The Fed tightened modestly this week on the Agency side. No change to the Fed’s Treasury position.

• Treasuries: The Fed’s Treasury holdings were unchanged for the week-ended November 27th. The Fed’s Treasury holdings declined by $35.4 billion on a rolling 4-week basis.

• Agencies: The Fed’s Government Agency security holdings declined by $13.3 billion for the week-ended November 27th and declined by $17.0 billion on a rolling 4-week basis.

• The Fed’s balance sheet holdings: https://www.newyorkfed.org/markets/soma-holdings

Source: Federal Reserve; TEK2day