The Fed’s Balance Sheet Reduction (QT) Update
The Fed’s finger remained firmly pressed on the pause button insofar as its Treasury holdings are concerned. The Fed did trim its mortgage holdings by $14 billion.
Treasuries: The Fed’s Treasury security holdings were unchanged for the week-ended May 29th and declined by $31.2 billion on a rolling 4-week basis.
Agencies: The Fed’s Government Agency security holdings declined by $13.6 billion the week-ended May 29th and declined by $17.4 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.
