Trillions in Treasury and Mortgage Bonds Bought Over the Decade Now Valued at $6.4 Trillion, Sparking Concerns of Further Bank Bailouts
In an unprecedented development, the Federal Reserves urgent crisis escalates as its decade-long bond-buying spree, valued at $7.7 trillion, reveals a shocking loss, with unrealized losses on the balance sheet surpassing $1.3 trillion for the first time ever.
Poster Comment:
These losses are also hurting foreign holders of US Treasury bonds and MBS.
Federal tax receipts are collapsing. I expect calendar year Treasury deficit to be $4 trillion next year - with no foreign buyers.
#1: DWornock To: Horse (#0)
DWornock posted on 2023-11-21 20:54:17 Reply Private Reply