The Fed bought ETFs without bonds (None, Zero, Zilch) in August. ETF Holdings fell. Bought almost no corporate bonds – WOLF STREET

The Fed bought ETFs without bonds (None, Zero, Zilch) in August. ETF Holdings fell. Bought almost no corporate bonds – WOLF STREET

The Fed pulled away from the market after its jawboning created the largest bond bubble ever. By Wolf Richter for WOLF STREET. The Fed started buying corporate bond ETFs for the first time in May and corporate bonds for the first time in June. These programs had been ballyhooed with huge fanfare in the media […]

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