The FED spent 3.2 trillion last year on mostly 10's and 30 year's, and currently buys hundreds of billions of dollars in treasuries each month.
There is not a point where they are not the vast majority of the bid for any government bond and still bond prices are falling because bonds are being issued faster than demand which increases supply and raises yields.
The FED is losing control. Take a look at a 30 year chart of the 10 year treasury on a monthly basis. It already hit the high end of a trading range and they are trying to fight gravity.
The FED spent 3.2 trillion last year on mostly 10's and 30 year's, and currently buys hundreds of billions of dollars in treasuries each month.
There is not a point where they are not the vast majority of the bid for any government bond and still bond prices are falling because bonds are being issued faster than demand which increases supply and raises yields.
The FED is losing control. Take a look at a 30 year chart of the 10 year treasury on a monthly basis. It already hit the high end of a trading range and they are trying to fight gravity.