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You might find this interesting. TLDR is that the Fed now owns 40% of T-bills > 5 yrs. In other words, during the big rounds of quantitative easing our govern
by Consultant32452 9y ago
You might find this interesting. TLDR is that the Fed now owns 40% of T-bills > 5 yrs. In other words, during the big rounds of quantitative easing our government bought a ton of our own debt. It's going to be really nasty unwinding this.
https://www.forbes.com/sites/robertlenzner/2013/11/25/the-fed-has-been-cornering-the-treasury-market-for-the-past-four-years/#6c53cded7eab https://www.forbes.com/sites/robertlenzner/2013/11/25/the-fe...