Wow, I knew the Fed was buying a lot, but according to this as soon as 2016:
"we fully expect that the Fed will hit its current SOMA limit of 70% of any and every CUSIP across the curve by 2016."
Wow. Three years away.
A taper may be closer than I think, simply because there will not be enough bonds to buy at current rate of purchases.
Good Luck Unwinding Zero Hedge
John