The Fed Is Now Taking Over The Entire Treasury Market 20 bps Per Week

Zerohedge reports:

basically every year that the Fed does not taper its purchases, Treasury issuance being equal (and it is declining), the Fed removes 10% of high quality collateral from the world's biggest bond market. And that, in a nutshell, is what Tapering is all about: the realization, and then the fear, of what happens if and when the Fed continues its monetizations of public debt to the point where there is so little left, that when a trade takes place the entire curve moves by 1%, 2%, 5%, 10% or more.... Everything else is smoke and mirrors.

Central banking isn't a good thing.