The Fed's prodigious bond-buying has pushed its balance sheet to above $3T, with total assets...

|By:, SA News Editor

The Fed's prodigious bond-buying has pushed its balance sheet to above $3T, with total assets rising $48B in the past week to a record $3.01T as of Wednesday. The balance sheet is now more than triple its size on September 10, 2008, the week before Lehman Brothers collapsed. "We're in uncharted territory," says former Fed economist Julia Coronado.