Fiat FistsFollow the fiscal flows. Ignore the noise.

Securities in Bank Credit, All Commercial Banks

Treasuries, agency debt, MBS and other securities held by banks.

$5.781T+$16.3 blnAs of October 14, 2026

Securities in bank credit increased $16.3 bln to $5.781T. Second week up for an increase of $29.1 bln. Biggest increase in three months. Highest level in four weeks. Up $132.7 bln y-o-y. The growth rate increased by two-tenths to 2.3% y-o-y. Fastest growth in four weeks.

Last two years

Securities in Bank Credit, All Commercial Banks, last two years$5.333T$5.472T$5.611T$5.750T$5.889T20252026

Source: Federal Reserve H.8 (FRED: SBCACBW027SBOG).

Questions

What is the latest securities in bank credit, all commercial banks?

$5.781T as of October 14, 2026.

What does securities in bank credit measure?

Treasuries, agency debt, MBS and other securities held by banks.

Why does it matter for markets?

Banks buying securities is money creation too — it just doesn't look like lending.

Where does the data come from and how often is it updated?

Federal Reserve H.8 (FRED: SBCACBW027SBOG). This page refreshes automatically every week, within an hour of the source publishing.

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