The Daily Hodl
2020-06-15 20:05:50

The Fed Will Now Start Buying Individual Corporate Bonds

The Federal Reserve is reaching further to buoy the markets. In an announcement on Monday, the Fed says it will start using its powers to buy individual corporate bonds. The central bank, which has been buying exchange-traded funds, says the latest updates to the Secondary Market Corporate Credit Facility (SMCCF) will help support market liquidity […]The post The Fed Will Now Start Buying Individual Corporate Bonds appeared first on The Daily Hodl.

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