U.S. Fed Buys $8.8 Billion in 30-Year Bonds, Totaling $43.6 Billion This Week Amid Stealth QE Concerns

The U.S. Federal Reserve has purchased $8.8 billion worth of 30-year Treasury bonds, adding to an earlier acquisition of $34.8 billion earlier this week. This brings the total bond purchases by the Fed over the past four days to $43.6 billion. Despite official statements denying quantitative easing (QE), these bond purchases are being interpreted by some market observers as a form of stealth QE. The continued bond buying suggests that large amounts of liquidity may soon enter the market.