The Fed’s Balance Sheet Reduction (QT) Update

The Fed’s Balance Sheet Reduction (QT) Update

The Fed’s balance sheet was unchanged over the week ended February 8th. The last time there was precisely zero Fed balance sheet activity was the week ended June 8th 2022.

  • Treasuries: The Fed’s Treasury security holdings were unchanged over the last week and $57.9 billion lower on a rolling 4-week total basis.
  • Agencies: The Fed’s Government Agency security holdings were unchanged over the last week and $16.7 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.