The Fed bought 46% of the $3.4 trillion in debt securities issued by the Treasury in the first half of 2020, with private investors scooping up the rest.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Use Interest Rate futures and options to manage exposure to government bonds and money market securities in a safe, capital-efficient way. Access a full range of benchmark products—Eurodollars, Fed Funds, SOFR, US Treasuries—across the USD yield curve, from one-week to 30-years.