Ever wonder what's on the balance sheet of the Federal Reserve? Its assets can be grasped easily by referring to this graphical and interactive chart of the Federal Reserve's assets.
Throughout 2006 and 2007, the Fed held primarily US Treasury Securities (about $780 billion worth).
That changed dramatically with the bailouts of 2008 ($1.725 trillion), and with enormous purchases of mortgage securities in 2009 (creating a market of over $1 trillion for FHA insured home loans, which remain the key source of home mortgage lending today). - David
