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September 01, 2020 1:33pm
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Ahead Of Stress-Tests, Banks Saw Big (Adjusted) Deposit Inflows, But...

Money market funds saw modest inflows last week (up around $5BN) as bank deposits (NSA) saw $25.7BN outflows...However, on a seasonally-adjusted basis, total bank deposits rose by $38BN last week to their highest since SVB's collapse...
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