The US Treasury can also drain its cash balance as I proposed 4 months ago.
$1.5T still sitting there.
Banks "only" bought $100b of Treasuries last month… not enough to cover the hole.
Either BRRRRRRR or foreign investors better pick up the slack. pic.twitter.com/7LO9xIGtoC
— Otavio (Tavi) Costa (@TaviCosta) December 14, 2020