Federal Reserve Reduced Balance Sheet by $10.4 B Last Week

This post will be updated and reposted once FRED data updates.

Still waiting for FRED to update the charts, but the reduction as $10.4 billion in the week ended June 27. MBS was $10.2 billion of the reduction. This leaves $11.8 billion that needed to be rolled off and it was likely treasuries that matured today. The Fed also has to reduce $40 billion in July.

FRED finally updated. Here's the weekly and cumulative change in the Fed's balance sheet versus the S&P 500 Index.

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