"I'm not as concerned as the president is on the debt ceiling, because the only people buying our bonds right now is the Federal Reserve. So it's like scaring ourselves."
-- Sen. Richard Burr (R-N.C.) told Slate.
Yes, the Federal Reserve is a huge consumer of U.S. Treasuries. But it is by no means the only one. In fact, investors from countries across the globe own trillions of dollars in U.S. government debt.
