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A comment on BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses. Parent comment

Re:BlackRock Is Bailing Out Its ETFs with Fed Money and Taxp... by whatok on Thursday June 04, 2020 @06:24PM (#23422699)
The Fed has not bought any corporate bonds yet. If you have some proof of that, please share your source. I work directly in this space, know everything that is going on and am unaware of any purchases so either I'm terrible at my job or you have some information no one else has.
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Re:BlackRock Is Bailing Out Its ETFs with Fed Money and Taxp... by adrr on Thursday June 04, 2020 @07:55PM (#23423466)
You are correct. They have 700bb allocated for corporate bonds but no takers. They’ve dumped billions into MBSs and hundreds of millions into ETFs.
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