
Fed Could Buy $4.5 trillion of Debt if it Starts Snapping up Corporate Bonds – MarketWatch
March 20, 2020 \
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Full Article: MarketWatch
Following the example of the European Central Bank, the Fed could add corporate bonds to the list of assets it is buying to restore normalcy to a bruised corner of financial markets that has seen a freeze-up in liquidity amid worries that even large corporations may default on their obligations, according to Hans Mikkelsen, head of U.S. investment-grade strategy at Bank of America Global Research, in a Tuesday note.
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