The Fed has gone where the other central banks have not yet dared to go. It will now buy not just government bonds and "high quality" corporate bonds, it will also buy corporate "junk" bonds. Like Ford's.
How COVID-19 Will Change The Financial World: Ford, The Fed, And The Bond Market
Forbes - 21 Apr 2020 22:05
The Fed has gone where the other central banks have not yet dared to go. It will now buy not just government bonds and "high quality" corporate bonds, it will also buy corporate "junk" bonds. Like Ford's.
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