UPDATE 1-Fed support fuels corporate debt spree in April
Issuance of investment-grade
corporate debt in April so far has hit $203.4 billion, slightly
below March’s record, buoyed by the Federal Reserve’s
unprecedented intervention into credit markets to blunt the
economic effects of the coronavirus pandemic.
corporate debt in April so far has hit $203.4 billion, slightly
below March’s record, buoyed by the Federal Reserve’s
unprecedented intervention into credit markets to blunt the
economic effects of the coronavirus pandemic.
Posted by Reuters
