https://t.co/8rITUq7Szb Great article by @GrantsPub . Financial systems are a mess of the central banks' making. @Halsrethink @nglinsman @bondstrategist @DiMartinoBooth @chigrl @DavidBCollum @RudyHavenstein
— Giovanni B. Ponzetto – 🇨🇦🇮🇱 (@gbponz) June 28, 2020
Dear @federalreserve how does buying AAPL bonds (#5 in your bond buying Index) which allows the company to fund record buybacks, help the US middle class? https://t.co/3GJpqtBJeQ pic.twitter.com/Sem7kwjxuQ
— zerohedge (@zerohedge) June 28, 2020
NEW: The Fed has posted the 794 companies whose bonds it began purchasing earlier this month as part of its "broad market index"
Six companies were 10% of the index: Toyota, Volkswagen, Daimler, AT&T, Apple and Verizon https://t.co/LIVTEPlVO7 pic.twitter.com/2BkQaOKvTT
— Nick Timiraos (@NickTimiraos) June 28, 2020
There are limits to what the Fed might learn from Australia's yield-cap experiment.
For example, U.S. mortgages are funded at longer maturities in the bond market. Australia’s are funded mostly at the short end, thus benefiting from the RBA’s yield cap. https://t.co/cX6KXFTEBN
— Nick Timiraos (@NickTimiraos) June 28, 2020
As if 216,915 robinhooders suddenly cried out in terror, and were suddenly silenced https://t.co/U50qOb04f3 pic.twitter.com/s8QIcsdoq8
— zerohedge (@zerohedge) June 28, 2020
https://twitter.com/Fxhedgers/status/1277355816777969664