Risk Appetite Increases as Europe Union Steps in to Save Bond Market
May 29, 2020 at 12:30 PM EDT
The U.S. Federal Reserve is doing all it can to keep the bond market afloat and now the European Union appears it will mirror these moves. As such, it’s increasing bond investors’ appetite for risk. Per a Wall Street Journal report, the European Union “proposed borrowing 750 billion euros ($821.6...