"We have no way of knowing how many tens of billions of dollars of Treasuries have been secretly bought by the Federal Reserve in previous auctions. "
"Investors should view June 30th, 2011 ... like June 6th, 1944 (D-Day -- a day fraught with hope for victory, but fueled with immediate uncertainty and fear as to what would happen in the short term)."
http://www.fool.com/investing/general/2011/03/11/who-buys-treasuries-once-the-fed-leaves-town.aspx
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