The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree - Business Insider

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The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree

Total purchases reached $1.3 billion by May 18, though a separateAbout $223 million of the Fed's ETF holdings are focused on high-yield debt, exposing the bank to firms at greater risk of default amid the coronavirus recession.

The Federal Reserve's first week of corporate-credit exchange-traded fund purchases primarily drove cash into industry giants including the iShares iBoxx US Dollar Investment Grade Corporate Bond ETF and Vanguard's Intermediate-Term Corporate Bond ETF, a FridayThe central bank boosted credit markets through the coronavirus pandemic after announcing its historic move into corporate-debt assets.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Just in time for the greater fool to step in.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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