US bank deposits fell to $17.527 trillion from $17.594 trillion in the prior week, marking the biggest drop since Tax Day. Concurrently, money market fund assets surged to record highs. The Federal Reserve reported discount-window loans increased to $6.80 billion in the week ending July 10, up from $6.40 billion the previous week. This decline in deposits has led to a decrease in liquidity for the week.