Fed Dumped $8.7B in ETFs and Corporate Bond Purchases
July 01, 2020 at 10:54 AM EDT
When it comes to the fixed income markets and the Federal Reserve, there’s a whole lot of buying going on. In order to shore up the debt market, the Fed dumped $8.7 billion into exchange-traded funds (ETFs) and bond purchases. “The vast majority of the money has been invested in...