Warren Buffett now owns more T-bills than the Federal Reserve

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's Berkshire Hathaway now owns more short-term Treasurys than the Fed

Berkshire Hathaway stands to gain about $12 billion in annual interest from its $235 billion in T-Bill holdings.

Warren Buffett now owns more T-bills than the Federal Reserve

The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.

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…