The passthrough of treasury supply to bank deposit funding

Wenhao Li; Yiming Ma; Yang Zhao

doi:10.1016/j.jfineco.2026.104334

Journal of Financial Economics Vol. 184 2026

The passthrough of treasury supply to bank deposit funding

Wenhao Li ^1,2; Yiming Ma^2,3,4; Yang Zhao^5,6

¹ University of Southern California · ² National Bureau of Economic Research · ³ New York Hall of Science · ⁴ Columbia University · ⁵ Amazon (United States) · ⁶ Stanford University

open access

DOI: 10.1016/j.jfineco.2026.104334
Volume: 184
Pages: 104334
Language: en
Sources: crossref openalex

The passthrough of treasury supply to bank deposit funding

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