Treasury scarcity to grow as Fed buys 90% of new bonds

Even as U.S. government debt swells to more than $16 trillion, Treasuries and other dollar fixed- income securities will be in short supply next year as the Federal Reserve soaks up almost all the net new bonds. The government will reduce net sales by $250 billion from the $1.2 trillion of bills,…

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Treasury scarcity to grow as Fed buys 90% of new bonds