By Martin Hutchinson, Contributing Editor, Money Morning
Since last November, the U.S. Federal Reserve has been buying U.S. Treasury bonds at a rate of about $75 billion a month. That's part of Fed Chairman Ben S. Bernanke's "QE2" program, under which the central bank was to buy $600 billion of the government bonds. But QE2 ended yesterday (Thursday), meaning the Fed will no longer be a big buyer of Treasury bonds.
Read More: http://moneymorning.com/2011/07/01/coming-bond-market-crash/
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