Despite Stated Exclusion, the Fed Is Buying Bank Debt
BUSINESS
September 21, 20205 min read, 914 words

Despite Stated Exclusion, the Fed Is Buying Bank DebtDespite Stated Exclusion, the Fed Is Buying Bank Debt

 in yale.edu
Published: September 21, 2020  |  5 min read, 914 words
Google Tag ManagerSeptember 21, 2020The Federal Reserve has said it won’t directly buy bonds issued by banks as part of its COVID financial rescue facilities. But a close review of its holdings reveals that by buying exchange traded funds, it has indirectly bought $2 billion of b...
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