News for hackers. Stuff that matters.

A comment on Fed to buy junk bonds, lend to states in fresh virus support. Parent comment

Re:Fed to buy junk bonds, lend to states in fresh virus support by snarf21 on Thursday April 09, 2020 @11:07AM (#22823247)
The Fed frequently plays the role of buyer/lender of last resort. Some of it is signaling to help prop up the market and the Fed hopes to sell later at a profit.
[ Parent | on HN ]

There are no comments on this comment yet.