​US Banks’ Domestic Deposits Tumble For Second Week In A Row – Tyler Durden

US Banks’ Domestic Deposits Tumble For Second Week In A Row Money market funds saw a very small net outflow (-$2.2BN) last week, leaving them still just shy of the record high… Source: Bloomberg On the bank side of the savings world, total deposits (SA) rose $17.5BN to its highest since Sept 2022… Source: Bloomberg On a non-seasonally-adjusted basis, total deposits jumped a huge $148BN (reversing the prior week’s $133BN deposit decline)… Source: Bloomberg Rather oddly, excluding foreign deposits, domestic US banks saw a $22BN net deposit outflow last week on an SA basis during the week-ending 10/30 (but a…  — Continue at ZeroHedge News : Read More