Fed Balance Sheet Hits Record $3 Trillion

“The size of the U.S. Federal Reserve‘s balance sheet reached a record, Fed data released on Thursday showed, due to the central bank’s purchases of Treasurys and mortgage-backed securities that are part of its unconventional policy aimed at supporting economic growth.  The Fed’s ownership of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association (Ginnie Mae) totaled $983.2 billion, up from $947.61 billion the previous week.  The Fed’s holdings of Treasurys totaled $1.697 trillion as of Wednesday, higher than $1.689 trillion the previous week.”

http://www.cnbc.com/id/100406121

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