Fed Emergency Bank Bailout Facility Hits Record High; Money Market Inflows Suggest Deposit Run Not Over Yet

• Fed Emergency Bank Bailout Facility Hits Record High; Money Market Inflows Suggest Deposit Run Not Over Yet
  by Tyler Durden, https://www.zerohedge.com/
  With regional bank stocks squeezing higher, one could be forgiven for thinking everything’s awesome again (if you memory or charts only go back a week or so) except last week’s deposit flows did not support that narrative and tonight’s ongoing inflows into money market funds suggest banks are still struggling to keep hold of their deposits.
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  Money Market Funds saw $13.6 billion of INFLOWS, pushing the aggregate to a record high of $5.341 trillion. That is over $520 billion of inflows in the last three months…
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