Record surge in Bank Term Funding Program hints at underlying instability in U.S. Treasuries

2023-8-26 22:00

Quick Take

Based on the data analysis from analyst Joe Consorti, the Bank Term Funding Program (BTFP) has surged to a record $107.39 billion. This significant increase in the BTFP, a program instituted following the collapse of Silicon Valley Bank in March 2023, underscores the critical financial environment that led to the creation of this emergency funding strategy in the first place.

However, Consorti warns that this surge could be a veneer over the troubling losses on impaired U.S. Treasuries, suggesting a potential underlying instability. The broader implication of growing BTFP and its correlation with impaired Treasuries warrants careful attention, as these indicators may signal future trends in the financial sector.

BTFP: (Source: Joe Consorti)

The post Record surge in Bank Term Funding Program hints at underlying instability in U.S. Treasuries appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0020147 (-100%)

program bank record funding term btfp hints

Источник: cryptoslate.com

program bank → Результатов: 126


Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?

Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre (DFCRC), involved 16 selected industry participants, including Mastercard, Australian Bond Exchange, and Fame Capital. This […]

2023-8-23 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.