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…
Warren Buffett now owns more “T-bills” than the US central bank
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...
