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Because the bond belongs to the fed. When it matures, the fed holds everything. There isn't anything to "take back"; they have it all already.
by tryptophan 7y ago
Because the bond belongs to the fed.
When it matures, the fed holds everything. There isn't anything to "take back"; they have it all already.
- rsp1984 7y agoWhen the bond matures it's either paid back or rolled over to a new bond or the debtor defaults. There is no fourth option.