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Date Posted: 9:33:12 3/18/23 Sat
Author: Jasper
Subject: Taps Coogan writes about SVB restoration of funds - bailout and the fed balance sheet.

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The backstopping of depositors at SVB and Signature bank (depositor bailout if you prefer) and the creation of a liquidity facility for banks has already added back $297 billion, nearly half of the liquidity it drained through QT.

https://thesoundingline.com/qt-over-fed-undoes-nearly-half-of-qt-in-one-week/

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