Investors expect Fed to use ‘baby steps’ to end historic corporate debt buying program – MarketWatch

Investors expect Fed to use ‘baby steps’ to end historic corporate debt buying program – MarketWatch

Yes. The bond market wants the Federal Reserve to follow in the footsteps of Bill Murray’s character in the cult 1991 comedy “What About Bob?” now that a potential vaccine against COVID-19 looks more promising. This means not wanting the Fed to do anything reckless to end its historic foray into corporate debt buybacks. Shares […]

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