Knight In Shining Fed

There seems to be a white knight coming to the rescue:

Fed Foreign Holdings of Treasury, Agency Debt last week (ended 10/17) jumped $14.4bn to $2.018 TN. "Custody holdings" were up $266bn y-t-d (18.8% annualized) and $333bn during the past year, or 19.7%. Federal Reserve Credit was little changed at $858bn. Fed Credit has increased $5.9bn y-t-d and $26.6bn over the past year (3.2%).