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Fed Discloses More Corporate Bond and ETF Purchases – The Wall Street Journal

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- Hirdetés -

The Federal Reserve bought about $1.3 billion face value of corporate bonds from June 17-26, boosting its purchases under a market stabilization buying program to about $1.5 billion at the time, according to disclosures Friday.

- Hirdetés -

The Fed bought a much larger swath of bonds as part of its plan to build a portfolio of about 794 companies that tracks a broad market index. The market value of corporate bond exchange-traded funds bought by the Fed as part of the program also increased by about $1.2 billion to $8 billion over the…

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