CORRECTED-Fed corporate bond program starts with a fizzle as total assets near $7 trln
The Federal Reserve’s stash of bonds and
other assets grew to nearly $7 trillion this week, but several
of its programs are seeing slackening demand from banks and
investors and a much-anticipated corporate bond buying facility
bought little in its first day of operation.
other assets grew to nearly $7 trillion this week, but several
of its programs are seeing slackening demand from banks and
investors and a much-anticipated corporate bond buying facility
bought little in its first day of operation.
Posted by Reuters