sheridan

Why Are the Fed and Treasury Working Against Each Other?

So we chastise China for manipuating their currency and then make efforts to manipulate our bond market with China as largest holder?
A little hypocritical me thinks.
If I am a foreign holder of long term treasuries, wouldn't the Feds purchase drive down yields and offer me the once in a lifetime chance to sell/liquidate my holdings and create an opposite or greater selling pressure? Also, if Fed buys and yields drop, why would anyone else ever step in to buy our debt during that period if it is being artificially manipulated/propped up? When the Fed stops buying prices would collapse and my purchase would be a loser.
Too simplistic?