ECB To Discuss Accepting Junk Bonds As Collateral

Apr 21st 2020 3:52pm EDT

ECB To Discuss Accepting Junk Bonds As Collateral Now that the Fed has opened the pandora’s box of moral hazard by purchasing select junk bonds, every other central bank would like a piece of the action. And sure enough, as Bloomberg reports, on Wednesday evening the ECB will hold a call where they may discuss […]

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