Through July, $11.5 trillion of new Treasury securities have been issued. The Fed buying $80B/month is less than 5% of what was issued. Source: https://www.si

Through July, $11.5 trillion of new Treasury securities have been issued. The Fed buying $80B/month is less than 5% of what was issued. Source: https://www.sifma.org/resources/research/us-treasury-securities-statistics/ https://www.sifma.org/resources/research/us-treasury-securit...