Powell Promises Spark Biggest Junk Bond Price-Spike In Over A Decade
Apr 9th 2020 10:01am EDT
Powell Promises Spark Biggest Junk Bond Price-Spike In Over A Decade HYG – the largest high yield bond ETF – is up a stunning 8% this morning after The Fed surprised the market with its new “we’ll buy any old crap” policy. This is the biggest daily jump since Oct 2008… The broad credit market […]
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