Aggregated Awareness

From Zerohedge comes information overnight that the US Fed has at last broken through the US$1 Trillion ceiling, that's $1,000,341,000,000 to be more precise, in US Treasury bond holdings.

Not being satisfied with recently getting to the No. 1 spot to surpass China, as the top holder of US Treasury bonds, the Fed, with "the Bernank" as figurehead, is now openly following in Gideon Gono's path with no end in sight at this time.

From Rob Kirby via Financial Sense comes an excellent explanation on why a deluge of US Treasury Bond supply is met with even larger US Treasury Bond demand, and why quantitative easing (QE or Queasing) will ensure even larger US Treasury Bond demand or even lower US Treasury Bond yields.