In 2020, the value of investment of FDIC-insured commercial banks in the United States in the U.S. treasury obligations rose sharply to 943.72 billion U.S. dollars. This is over 320 billion U.S. dollars more than in the previous year. This dramatic increase can likely be explained by the need for safe investments to weather the economic damage caused by the global coronavirus (COVID-19) pandemic.
Value of investment of FDIC-insured commercial banks in the U.S. treasury obligations from 2000 to 2020 (in billion U.S. dollars)
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FDIC. (November 18, 2021). Value of investment of FDIC-insured commercial banks in the U.S. treasury obligations from 2000 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 11, 2022, from https://www.statista.com/statistics/193315/obligations-of-us-treasuries-to-fdic-insured-commercial-banks/
FDIC. "Value of investment of FDIC-insured commercial banks in the U.S. treasury obligations from 2000 to 2020 (in billion U.S. dollars)." Chart. November 18, 2021. Statista. Accessed August 11, 2022. https://www.statista.com/statistics/193315/obligations-of-us-treasuries-to-fdic-insured-commercial-banks/
FDIC. (2021). Value of investment of FDIC-insured commercial banks in the U.S. treasury obligations from 2000 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 11, 2022. https://www.statista.com/statistics/193315/obligations-of-us-treasuries-to-fdic-insured-commercial-banks/
FDIC. "Value of Investment of Fdic-insured Commercial Banks in The U.S. Treasury Obligations from 2000 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Nov 2021, https://www.statista.com/statistics/193315/obligations-of-us-treasuries-to-fdic-insured-commercial-banks/
FDIC, Value of investment of FDIC-insured commercial banks in the U.S. treasury obligations from 2000 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/193315/obligations-of-us-treasuries-to-fdic-insured-commercial-banks/ (last visited August 11, 2022)