UPDATE 2-Rush to junk bonds gathers pace on Fed’s `game-changing’ pledge
Junk-rated bonds saw record
inflows of $10.5 billion in the week to Wednesday after the U.S.
Federal Reserve’s “game-changing” move to expand its corporate
bond-buying programme to include some speculative-grade debt,
BofA said on Friday.
inflows of $10.5 billion in the week to Wednesday after the U.S.
Federal Reserve’s “game-changing” move to expand its corporate
bond-buying programme to include some speculative-grade debt,
BofA said on Friday.
Posted by Reuters
