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Or they could sit on the cash which many people do in a recession. And again, they've barely touched junk bonds. They are mostly just buying our own governmen
by mrep 6y ago
Or they could sit on the cash which many people do in a recession. And again, they've barely touched junk bonds. They are mostly just buying our own governments debt through US treasury securities, the same kind that the US government has created and sold 3 trillion dollars worth this year [0], mainly to fund the CARES act.
[0]: https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm https://www.treasurydirect.gov/govt/reports/pd/pd_debttothep...