US Domestic Bank Deposits Tumble As Money-Market Fund Assets Near Record-High Again
From the Right
AllSides Media Bias Rating: Lean Right
US Domestic Bank Deposits Tumble As Money-Market Fund Assets Near Record-High Again Money-market inflows continued for the seventh straight week getting close to $6.1 trillion... Source: Bloomberg As total seasonally-adjusted US bank deposits fell $41.5 BN... Source: Bloomberg While on a non-seasonally-adjusted basis, total US ban deposits rose $89BN...? Source: Bloomberg Excluding foreign deposits, domestic deposits soared almost $100BN (NSA) last week - the most since March (large banks +$78BN, small banks +$22BN), while on an SA basis deposits tumbled $36.5BN - most in two months (large banks -$30BN, small...
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