The Fed’s Balance Sheet Reduction (QT) Update
The Fed continued with its QT effort, slowly pulling liquidity from the system. Details are as follows:
Treasuries: The Fed’s Treasury security holdings declined by $37.1 billion for the week-ended January 3rd and declined by $59.3 billion on a rolling 4-week basis.
Agencies: The Fed’s Government Agency security holdings were unchanged for the week-ended January 3rd and declined by $15.3 billion on a rolling 4-week basis.
The Fed’s balance sheet holdings: https://www.newyorkfed.org/markets/soma-holdings
Excel file: Our Excel file detailing the Fed’s holdings of Treasury and Agency securities: HERE.
