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June 8, 2012

Guess Who's Buying All the Bonds? (It's Not the Fed)

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Mom-and-pop investors, and not the Federal Reserve, have been the ones most responsible for driving the mad dash to government debt, according to newly released data. The Fed's ambitious Treasury-buying program has pushed the central bank's balance sheet to $ 2.83 trillion and, by many accounts, the... FF News: Fundamental

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