Fed Balance Sheet · H.4.1
Definition
The Fed’s weekly H.4.1 statement of its assets and liabilities — Treasury and mortgage holdings, reserves, the reverse-repo facility and lending programs.
Why investors care
Its size and composition track quantitative tightening/easing and bank-system liquidity, which influence yields and risk appetite.
What to watch
During balance-sheet runoff, watch reserves and the reverse-repo balance for early signs of liquidity strain.