Sunday, October 3, 2010

“The Fed is about to become the No. 2 holder of U.S. Treasurys in the world"


“It has been made clear that the Federal Reserve will print more dollars and buy more Treasurys ahead,” Johnson said (Rodney Johnson, DENT portfolio manager). “The Fed is about to become the No. 2 holder of U.S. Treasurys in the world, and could surpassChina soon. It’s crazy to have your central bank hold most of your national debt.”

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