The US Federal Reserve says overall funding risks for banks remain low and firms still have ample liquidity.
The Fed noted in its report on Monday that more than 45% of bank assets reprice or mature within a year, suggesting there is not heavy exposure to less valuable securities for long periods of time. But while the amount of uninsured deposits at banks is declining, they still
after an influx of deposits spurred by the COVID-19 pandemic. In aggregate, it said banks remain well-capitalized.Debt limit concerns The Fed released the report shortly after a separate central bank survey found banks were tightening credit standards amid weaker loan demand. Beyond banks, the Fed said pressures on various market sectors remained within historical norms. However, it noted that valuations on commercial real estate remain high, which suggests there could be a “sizable” correction in property values should telework trends remain strong. The Fed found that banks hold about 60% of commercial real estate loans, with two-thirds of those at smaller lenders with less than $100 billion in assets.
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