They announced their intention but I don't believe they have actually bought any yet [0, 1]. Also, their balance sheet shows they are buying predominately U.S.

They announced their intention but I don't believe they have actually bought any yet [0, 1]. Also, their balance sheet shows they are buying predominately U.S. Treasury securities and Mortgage-backed securities [2]. [0]: https://www.cnn.com/2020/05/04/investing/fed-junk-bonds-etfs-debt/index.html https://www.cnn.com/2020/05/04/investing/fed-junk-bonds-etfs... [1]: https://twitter.com/TruthGundlach/status/1256352949787176960 https://twitter.com/TruthGundlach/status/1256352949787176960 [2]: https://www.federalreserve.gov/releases/h41/current/ https://www.federalreserve.gov/releases/h41/current/