Earmuffs time for those people (all utterly clueless three or so of them) that the Fed does not monetize the US debt.
From last Thursday [5], the the US Treasury so generously issued $16 billion in 30 year bond (Cusip: QZ4)...
[6]
... to today's POMO [7], when the Fed so generously monetized some $39 million of the same CUSIP, after the obligatory settlementin the hands of the Primary Dealers of course.
[8]
...with about $13 billion more to of this specific CUSIP left to go. From the US Treasury [9]:
[10]