Federal Reserve Is Buying Treasuries Again, But BlackRock's Rick Rieder Still Prefers Equities

As the Federal Reserve injects billions into the U.S. Treasury market to absorb record debt issuance, BlackRock's Rick Rieder warns that the real upside remains in stocks. Fed’s Quiet Bond Accumulation “The Federal Reserve is loading up on US Treasuries,” noted The Kobeissi Letter, citing FRED data, revealing that the central bank has purchased $237 billion in Treasuries since December. This aggressive accumulation …