Re:The Fed Will Buy Bond ETFs Now
by nybble41 on Tuesday May 12, 2020 @05:58PM
(#23160475)
> since they got a good deal by buying when the market was down
Assuming the price goes back up later, you mean. But if that were guaranteed then the price wouldn't have been down much in the first place. It could stay down, or even go lower, in which case the Fed will lose money when they go to sell.
Assuming the price goes back up later, you mean. But if that were guaranteed then the price wouldn't have been down much in the first place. It could stay down, or even go lower, in which case the Fed will lose money when they go to sell.