menu search

US bank deposits to come under pressure again

US bank deposits to come under pressure again
Morgan Stanley says that with the signing of the debt deal the US Treasury will issue a huge rollout of T-bills, which could see bank deposits come under pressure all over again:MS sees circa US$1.36 trillion of net T-bill issuance over the rest of 2023$1 trillion of that is to be issued in the coming 4 monthsuggesting circa $450b of gross outflows over the next four monthsMorgan Stanley's fixed income team says it anticipates that money market funds are unlikely to be major buyers of T-bills,... Read More
Posted: Jun 12 2023, 21:57
Author Name: forexlive
Views: 103152

Search within

Pages Search Results: