US Plans To Issue $846 Billion In Treasurys In The Next 6 Months, 35% More Than Previous Year

http://www.zerohedge.com/news/us-plans-issue-846-billion-treasurys-next-6-months-35-more-previous-year

Question:  if QE ended last June, how in the world will the US Treasury sell 35% more debt this year than the previous year with the Fed no longer the (only) buyer of last resort?  Who else will buy all these US Treasury bonds if foreign buyers have already scaled back and are sitting on their hands?  The Russians and Chinese have not only implied diversifying their reserves away from US Treasuries, they have explicitly declared it as policy.

Will Martians step up to the plate?  As Jim Sinclair has stated many times:  QE to infinity.

Anybody who doesn't view this as bullish for tangible assets is either blind or in full denial.