by New record high... up about 0B from previous all time high last week to close Thursday at ,180B...Treasury appearing to be reducing Reserve Assets at Depositories by about 0B per week over the last couple of weeks.... Treasury has reduced Reserve Assets like this by 0B since March 23rd equity markets bottom...Still not clear if this is a deliberate policy.I sent Treasury an email inquiring about the current TGA policy have not heard back yet... will report here if I do...
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New record high... up about $100B from previous all time high last week to close Thursday at $1,180B...
Treasury appearing to be reducing Reserve Assets at Depositories by about $100B per week over the last couple of weeks.... Treasury has reduced Reserve Assets like this by $800B since March 23rd equity markets bottom...
Still not clear if this is a deliberate policy.
I sent Treasury an email inquiring about the current TGA policy have not heard back yet... will report here if I do...
