Slowing its balance-sheet runoff means the Fed will buy more Treasuries. But don’t look for any big downdraft in yields.

*Combines the weekly series that stopped in September 2014 and, from then on, the sum of the four assets reported weekly that account for over 90% of the balance sheet by value.

In other words, the balance sheet must balance. Subtracting liabilities from assets shows the net worth of the business A basic tenet of double-entry bookkeeping is that total assets (what a ...