[bank of America analyst: the US Treasury is expected to issue a large number of bonds to pose a new challenge for banks to retain deposits] FAP, June 6, American banks already face challenges in maintaining deposits as customers choose higher-yielding alternatives, and the suspension of the federal debt ceiling poses a new challenge. Mark Cabana, head of interest rate strategy at Bank of America, said this would allow the US Treasury to replenish its reserves by significantly increasing bond issuance, which in turn could further boost the interest rates that alternatives can offer. Us money market fund assets have risen to a record high as they move faster than banks to pass on higher interest rates, supported by the Fed's rate increases over the past year, to clients. Several regional banks failed in March, prompting investors to accelerate the shift from banks to investment funds. "this is another disadvantage facing the banking industry. We know that the banking system has been under pressure. We know that some banks are using an increasing number of Fed emergency loans, which will pose another challenge for banks to retain deposits in the context of rising interest rates. "