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The Fed is also buying corporate bonds as of today: https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20200323b1.pdf https://www.federalrese

• miohtama 7y ago
  Let's see how this is going to play out! https://thesoundingline.com/do-not-allow-the-fed-to-buy-corporate-bonds/ https://thesoundingline.com/do-not-allow-the-fed-to-buy-corp... > Which companies will the Fed give free money to? Which companies will they allow to fail? How low should corporate borrowing costs be and for which companies? How much debt should they allow each company to carry? What if companies issue bonds to buyout competitors? What if a company defaults on the Fed? The Fed can’t answer any of these questions. That won’t stop them from showering America’s largest and most indebted companies with free cash