The Federal Reserve may purchase $2 trillion worth of Treasury bonds to assist the Treasury Department Bank of America's analysis suggests that the Federal Reserve may purchase nearly $2 trillion worth of Treasury bonds in the next two years to adjust its investment portfolio structure, reduce interest rate risk and negative assets, and shorten debt duration. This measure is expected to absorb almost all of the issuance of the Ministry of Finance, providing it with much-needed financial support. The Ministry of Finance has issued a large number of short-term bonds to cope with deficit pressure since raising the debt ceiling.