Federal Reserve Accounts For 50% Of Q2 Treasury Purchases
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Federal Reserve Accounts For 50% Of Q2 Treasury Purchases

By Tyler Durden
“The degree of intermediation by the Federal Reserve in the issuance of US Treasuries hit a record in Q2, accounting for just under 50% of all net UST issuance absorption. This is a startling number, as the Fed’s $164 billion in Q2 Treasury purchases dwarfs the combined foreign/household UST purchases of $101 billion and $29 billion, respectively, over the same time period. In fact, the Fed was a greater factor in UST demand than all three traditional players combined: Foreigners, Households and Primary Dealers, which amounted to a $158 billion in net Q2 purchases.
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