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Foreign Official Actors Also Sold Securities For Cash (2/2)

FED

Also separately but related was a huge drop in marketable securities held by the NY Fed in custody for foreign official accounts: $52B, the most since March 2020, suggesting official authorities' cash-raising for liquidity.

  • Again, the sellers are unknown. See chart.
  • Our Fed Balance Sheet tracker will be released later today, including a look at the shifting takeup of "domestic" liquidity/lending facilities.

Source: Fed, MNI

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