Fed Balance Sheet RISES By $13 Billion (Needs To Come A Little Bit Closer To Their Target)

By Anthony B. Sanders

So much for The Fed balance sheet unwind.

The SOMA report as of yesterday showed the balance had RISEN by $13 BILLION.

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This happens every quarter.

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The reason why? Agency MBS purchases rose faster than Treasury Note and Bond sales (which were small).

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But the balance sheet will likely get a little bit closer to shrinking by next week.

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