​US Banks See Further Deposit Outflows As Money-Market Fund Assets Hit Another New Record High – Tyler Durden

US Banks See Further Deposit Outflows As Money-Market Fund Assets Hit Another New Record High For the eighth week in the last nine, money market funds saw inflows (+$38.7BN), pushing the total AUM up to a new record high of $6.463TN… Source: Bloomberg Non-seasonally-adjusted (NSA) bank deposits saw outflows for the third week in a row (-$18BN)… Source: Bloomberg But, as we have become accustomed to, total seasonally-adjusted (SA) deposits rose by $18BN (the sixth weekly increase in seven weeks)… Source: Bloomberg But, excluding foreign deposits, both SA and NSA domestic deposits fell in the week ending 9/25 (-$4.8BN and…  — Continue at ZeroHedge News : Read More