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Fed allegedly going to buy corporate bonds to "help" this situation: Amidst everything else I’d missed that the Fed is going to buy corp bond ETFs https://t.co/G8rpFDY4bF — Tom Powdrill (@TomPowdrill) March 24, 2020 Article says: The central bank is only buying investment grade corporate bonds, not high-yield bonds. Only problem is S&P is downgrading all the big firms being effected all week: BREAKING: Delta Air Lines credit rating cut to junk by S&P. pic.twitter.com/4117hGI1sy — CNBC Now (@CNBCnow) March 24, 2020 Oh well....
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Fed allegedly going to buy corporate bonds to "help" this situation: Amidst everything else I’d missed that the Fed is going to buy corp bond ETFs https://t.co/G8rpFDY4bF — Tom Powdrill (@TomPowdrill) March 24, 2020 Article says: The central bank is only buying investment grade corporate bonds, not high-yield bonds. Only problem is S&P is downgrading all the big firms being effected all week: BREAKING: Delta Air Lines credit rating cut to junk by S&P. pic.twitter.com/4117hGI1sy — CNBC Now (@CNBCnow) March 24, 2020 Oh well....
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Mike Norman considers the following as important:
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Fed allegedly going to buy corporate bonds to "help" this situation:
Amidst everything else I’d missed that the Fed is going to buy corp bond ETFs https://t.co/G8rpFDY4bF— Tom Powdrill (@TomPowdrill) March 24, 2020
Article says:
The central bank is only buying investment grade corporate bonds, not high-yield bonds.
Only problem is S&P is downgrading all the big firms being effected all week:
BREAKING: Delta Air Lines credit rating cut to junk by S&P. pic.twitter.com/4117hGI1sy— CNBC Now (@CNBCnow) March 24, 2020
Oh well....