Warren Buffett now owns more T-bills than the Federal Reserve
8 Articles
8 Articles
Buffett's Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Warren Buffett's Berkshire Hathaway is currently sitting on a massive reserve of short-term U.S. Treasury bills that exceeds the amount of the securities held by the Federal Reserve.The company announced in its latest earnings report that it has $234.6 billion in short-term Treasury bills on its books — a sizable increase from the $130 billion it held at the end of last year and an amount that surpasses the $195 billion in T-bills held on the Fe…
Berkshire Hathaway, led by Warren Buffett, now owns more “treasury bills” than the Federal Reserve, writes CNBC. That after a massive sell-off in its biggest stock post.
Direct - Berkshire Hathaway, a subsidiary of billionaire Warren Buffett, now owns more Treasury bonds than the Federal Reserve, as Buffett works to strengthen his fortress...
The U.S. Treasury Department auctioned $42 billion of 10-year bonds on Wednesday, with a winning rate of 3.96%. Although it was significantly lower than the 4.276% in July, the bid multiple, which measures the demand for bonds, was 2.32 times, lower than the historical average of 2.53 times. The allocation ratio of primary dealers was 17.9%, higher than the average of 12%, reflecting the poor market demand. Subsequently, U.S. bonds and stocks fe…
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