Fed balance sheet recaptures $7tn mark. Total assets rose by $53bn to $7.01tn, equal to 36% of US GDP. Balance sheet expansion driven by MBS ($44bn) & Treasury (25bn) purchases. Central-bank swaps down $4bn, down to $96bn from a peak of $448bn. 81% of remaining swaps used by BoJ. #Fed# #BOJ# #GDP# #US# #Economy#