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Don’t fear the taper: Fed to dominate treasury market for years SECTIONS Last Updated: May 20, 2021, 09:40 PM IST Share Synopsis The stake is so large that even once the Fed’s purchases wind down, it is expected to keep its holdings steady by buying new Treasuries whenever old ones mature, reducing the amount that would need to be sold to the public. Shutterstock.com “The Fed is definitely not going anywhere anytime soon with regard to the Treasury market,” said Mike Pugliese, an economist at Wells Fargo Securities Related By Liz Capo McCormick and Rich Miller Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the bigger picture: Its more than $5 trillion stockpile will make it a major force for years to come. ....