For the first time in 25 years, the Fed enters a looming storm with historically massive T-bill holdings. US M2 Money Supply jumps to a new all-time high of $22.45 Trillion

February 27, 2026 10:19 pm by Alex

BREAKING: 🚨 Federal Reserve purchases of short duration Treasury Bills now exceeds the height of the 2020 pandemic.

Jerome Powell is currently holding $329B short duration T-Bills on the Fed's balance sheet, exceeding the previous crisis peak of $325B.

This marks the first… https://t.co/fvDjn6VCQb pic.twitter.com/v4a9OZj3Zb

— Financelot (@FinanceLancelot) February 27, 2026

Yup, REPO jumped to $13B today but that's not abnormal.

— Financelot (@FinanceLancelot) February 27, 2026