The Fed’s Balance Sheet Reduction (QT) Update

The Fed’s Balance Sheet Reduction (QT) Update

There was essentially no movement on the Fed’s Balance Sheet this week with only very minor changes. Total Treasury and Agency security holdings were reduced by $1.3 billion for the week-ended December 14th 2022.

  • Fed Balance Sheet – Treasuries: The Fed’s Treasury security holdings were $1.2 billion lower over the last week and $22.7 billion lower on a rolling 4-week total basis.
  • Fed Balance Sheet – Agencies: The Fed’s Government Agency security holdings were $123 million lower over the last week and $18.3 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.