LONDON, Nov 26 (Reuters) - The spread or risk premium on U.S. Treasury credit default swaps hit record highs on Wednesday as markets digested the scale of U.S. government programs to buy various consumer loans and related securities.

Ten-year U.S. Treasury CDS widened to 54.7 basis points from Tuesday's close of 50.0 basis points, according to credit data company CMA DataVision.

Five-year Treasury CDS jumped to a record 52.0 basis points from Tuesday's close of 47.50 basis points, it said.

On Tuesday the Federal Reserve, with the backing of the Treasury, outlined a $800 billion lending facility to support the market for consumer debt securities.

Now consider that the 10 year note fell to 2.98% today. The corruption in the Fed counterfieting ring is growing not only in scale, but in its boldness. They no longer care to remain behind the scenes.