Fed Emergency Bank Bailout Facility Usage Tops $100 Billion For First Time As Money-Market Inflows Soared Again

• Fed Emergency Bank Bailout Facility Usage Tops $100 Billion For First Time As Money-Market Inflows Soared Again
  by Tyler Durden, https://www.zerohedge.com/
  Following Friday’s farcical Fed data on commercial bank deposits – which turned $28.4 billion on NSA outflows into $102 billion of SA inflows – tonight’s money-market fund flows and Fed balance sheet data should be pretty bloody heroic or The Fed’s “adjustments” tomorrow night are going to astronomical.
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  Sadly, for The Fed, things don’t look good as money market funds saw $36.6 billion of inflows to a new record high of $5.457 trillion. This is the 7th straight week of inflows (and 12th of the last 13 weeks)…
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  The last 15 weeks – since SVB – has seen over $635 billion of inflows into money-market funds – by far the fastest inflows outside of COVID lockdowns ever. Institutional funds saw $24 billion of inflows while retail inflows topped $12.5 billion again…
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