ONLN - Unpacking The Fed's Corporate Bond-Buying Program
On the latest edition of Market Week in Review, Senior Quantitative Research Analyst Abraham Robison and Senior Client Investment Analyst Chris Kyle discussed the U.S. Federal Reserve's (the Fed) recent announcement on corporate bond purchases, the latest macroeconomic data and the outlook for investors.
Fed provides updates to bond-purchasing program
On June 15, the Fed detailed enhancements to its Secondary Market Corporate Credit Facility - the program it created in March - to purchase up to $250 billion in corporate bonds and bond ETFs (exchanged-traded funds). "In purchasing this debt, the Fed's aim is to