MORNING BID-About-turn
June 16, 2020 at 04:02 AM EDT
(A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own.) For an interactive graphic tracking the global coronavirus spread, open https://tmsnrt.rs/3aIRuz7 in an external browser. Ka-boom! In a stroke, the U.S. Federal Reserve dispelled the gloom that was pervading markets yesterday, announcing it would start purchasing corporate bonds via its Secondary Market Corporate Credit Facility (SMCCF). It also kicked off its Main Street Lending Program, a $6