I’ve got some junk stocks. Are they interested in those??
While I don’t disagree with the sentiment, it’s a bit different when the government is forcing the shutdowns than if they just made poor investment decisions. Besides, we saw in the last downturn that “ investment grade” didn’t hold up so well, especially mortgages.
This article is bogus and misleading.
In a crisis market the bond market is so huge, wide, that unless the fed did some underlying buying, mark to market would turn the entire system into a dumpster fire.
-28 yr finance vet