Is it now over a trillion dollars? I looked at those numbers a while ago and I seem to remember that it was on the order of $1 trillion, but that it was under rather than over. From a quick glance at the August numbers, I think it is still a bit under (around $800 billion, it appears to me.)
I have to say that big position was a big surprise to me when I noticed it, because the Fed holding that debt is the epitome of debt monetization.
Yah, over a trillion. Treasuries at around 800 billion and then a couple hundred million of other instruments.
Uh, make that a couple hundred billion of other instruments.