Fed’s Emergency Bank Funding Facility

Fed’s Emergency Bank Funding Facility Explodes Higher, QT Stalls As Money-Market Funds Hit Record High

drip, drip, drip…

One of the graphs at the link shows the Fed’s balance; it did indeed show a small uptick last week. The graph also shows that this is a quarterly occurrence. Don’t know what it is, but it is not unusual.

DB2

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