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Fed Reduces Treasury Bill Balance By Over $100B in May

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Breaking Down the Balance Sheet The Fed saw a reduction in its balance sheet of $177M. The majority of this was actually in Treasuries with less than 1-year maturity, totaling $102B. The next biggest reduction was in loans, totaling $40B. MBS fell short of the $35B reduction target yet again, seeing only $17.6B roll off the […]

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