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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 tryptophan on Thursday April 09, 2020 @06:22PM (#22827817)
Because the bond belongs to the fed.

When it matures, the fed holds everything. There isn't anything to "take back"; they have it all already.

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Re:Fed to buy junk bonds, lend to states in fresh virus support by rsp1984 on Thursday April 09, 2020 @06:30PM (#22827876)
When the bond matures it's either paid back or rolled over to a new bond or the debtor defaults. There is no fourth option.
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