Free Markets Are Dead: Fed To Start Buying Junk Bonds, High Yield ETFs.
Jim Costa
Apr 9, 2020
1 min read
" Eligible Issuers for Individual Corporate Bonds... An issuer that was rated at least BBB-/Baa3 as of March 22, 2020, but was subsequently downgraded, must be rated at least BB-/Ba3 as of the date on which the Facility makes a purchase"
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