Incidentally the US Federal Reserve is currently the world's second largest holder of treasuries after China (http://www.zerohedge.com/article/deconstructing-po

Incidentally the US Federal Reserve is currently the world's second largest holder of treasuries after China (http://www.zerohedge.com/article/deconstructing-pomo-fed-becomes-second-largest-holder-us-treasurys-world http://www.zerohedge.com/article/deconstructing-pomo-fed-bec...) and is on track to become the single largest holder in about a month. I'm not sure what the long-term implications of this are, but I'm guessing they're not good...