Not Sanitized: The Fed Overpays Banks and Hedge Funds for Corporate Bonds – The US Perspective

Not Sanitized: The Fed Overpays Banks and Hedge Funds for Corporate Bonds – The US Perspective

First response You know the old joke about the guy who is asked in a job interview about their greatest weakness, and they say, “Am I a perfectionist?” It was basically Neil Irwin’s column on the Federal Reserve and the pandemic. The Fed has done too good a job inflating financial markets and asset prices, […]

The post Not Sanitized: The Fed Overpays Banks and Hedge Funds for Corporate Bonds –…

View On WordPress