The Biggest Investor in the U.S. Is...the U.S.

The video explores the role of central banks in the bond market, particularly focusing on the Federal Reserve's actions during the global financial crisis. It explains how central banks, through quantitative easing, bought government bonds to lower interest rates and stimulate economic activity. The video also discusses the significant expansion of central banks' balance sheets and the potential challenges they face in reducing bond holdings without disrupting global markets.

How much have the balance sheets of the European Central Bank and the Bank of Japan increased?

What concerns exist regarding the reduction of bonds owned by the Federal Reserve?