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Poor week for liquidity: Fed balance sheet assets fell by $15.2bn to ~7.3tn. The TGA rose by $6bn to $716bn, following a $4B increase the week before. Participation in the reverse repo facility fell by $37B to $459B on
May 29th. Bottom line: Liquidity has dropped to $6.128tn.
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由
Holger Zschaepitz
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