tjongejonge schreef op 4 mei 2020 14:25:
.....But without a vaccine or clear virus suppression, central banks may just be getting started. The Fed, which helped financial institutions in the last crisis, is already buying corporate bonds, lending to state and local governments, and agreeing to fund up to 95% of bank loans to potentially thousands of businesses.
Even before they are up and running, the programs have been expanded to reach more and riskier borrowers, including some downgraded "fallen angel" corporations, smaller cities and counties, and more highly leveraged companies....