So far, so conventional. At the end of July last year, the Fed had $760 billion of unencumbered Treasuries, or 87% of its assets.

去年7月底，美联储有7600亿美元的无限制条件国库券，或者说是它资产的87%。

youdao

So far, so conventional. At the end of July last year, the Fed had $760 billion of unencumbered Treasuries, or 87% of its assets.

去年7月底，美联储有7600亿美元的无限制条件国库券，或者说是它资产的87%。

youdao