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Estimated Ownership of U.S. Treasury Securities (From Fed Bulletin)

$22T - Total Federal securities outstanding

$9T - Federal Reserve and Government accounts + State and local governments including pension funds

$2T - Mutual funds

$2T - Depository institutions, private pension funds, insurance companies.

$3T - Other domestic investors. Includes individuals, Government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses, and other investors

$6T - Foreign and international



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