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Net Tsy Buys Jump In Holiday-Shortened Week

FED

Fed assets rose by $32.2B in the week ending Jun 2. This amount was comprised almost entirely of Treasury coupon purchases, with no net additions to the MBS or TIPS portfolios.

  • That was the 2nd largest weekly increase in Tsy holdings since the Fed began ramping up asset purchases in March 2020 (the week ending Apr 21 saw $34B in purchases). Notably it occurred in a holiday-shortened week (Memorial Day).


Source: Fed, MNI


  • Operational purchases in the week were largely toward the short end: May 26 (settling May 27) saw $8.4B of 2.25-4Y buys; May 27: $6.7B of 22.5Y-30Y; May 28 saw $12.4B in 0-2.25Y purchases, Jun 1 $8.4B of (again) 2.25-4.5Y.
AssetsTotal AssetsMBSTIPSTreasury Bonds/NotesOther
Last Week's Net Change (USDbn)32.20.00.031.90.3
4-Week Net Change (USD bn)125.252.96.878.6-13.1
Total Holdings (USD bn)7935.72244.3342.95119.0570.1

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