The Fed’s Balance Sheet Reduction (QT) Update
The Fed tightened its balance sheet ahead of its pulling back on QT in June.
Treasuries: The Fed’s Treasury security holdings declined by $31.3 billion for the week-ended May 15th and declined by $53.7 billion on a rolling 4-week basis.
Agencies: The Fed’s Government Agency security holdings declined by $65.3 million the week-ended May 15th and declined by $16.3 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.
