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home / news releases / IEI - Fed Shrinks Balance Sheet By Nearly $120B In May

IEI - Fed Shrinks Balance Sheet By Nearly $120B In May

iShares 3-7 Year Treasury Bond ETF

2024-06-01 03:00:00 ET

Summary

  • The Fed’s balance sheet shrunk by $118B in May - the largest amount since September of last year.
  • When the Fed makes money, it sends it back to the Treasury. This has netted the Treasury close to $100B a year.
  • International holdings have increased a decent amount over the last year by about $500B.

By SchiffGold ...

For further details see:

Fed Shrinks Balance Sheet By Nearly $120B In May
Stock Information
Company Name: iShares 3-7 Year Treasury Bond ETF
Stock Symbol: IEI
Market: NASDAQ
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