Submitted by Tyler Durden on 12/06/2012 - 20:27 Asset-Backed Securities Bond Central Banks European Central Bank Federal Reserve Monetary Policy Sovereign Debt Unemployment
Below is a list of the 4 largest Federal Reserve asset category by notional as of today:
Treasurys: $1,655,889 million
Mortgages: $883,627 million
Other assets: $209,863 million
Agency debt: $79,283 million
Quietly, the Fed's Other Assets have overtaken Agencies, and are now the Fed's third largest asset category and about four times the total Fed capital of $55 billion. We have written about these "other assets" in the past; we will likely write about them in the future again, for the simple reason that the chart showing the Fed's notional holdings in this category correlates quite clearly with the parabolic Greek unemployment rate.
Tweet
Comments: 44
Reads: 2,250
http://www.zerohedge.com/news/2012-12-06/other-assets-210-billion-now-feds-third-largest-asset
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
| 