The Fed’s balance sheet runoff reduced the Fed’s Treasury and Agency security holdings by a combined total of approximately $33.8 billion over the past week (week ended November 2nd), and a reduction of approximately $78.5 billion on a rolling 4-week total basis. The Fed reduced its balance sheet by $243.9 billion since QT began in May 2022.

• Fed Balance Sheet – Treasuries: The Fed’s Treasury security holdings were approximately $33.8 billion lower over the past week and $58.9 billion lower on a rolling 4-week total basis.
• Fed Balance Sheet – Agencies: The Fed’s Government Agency security holdings were approximately $4.0 billion higher over the past week and $19.6 billion lower on a rolling 4-week total 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

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