The New York Federal Reserve prepares to begin buying Corporate Bonds in the next few days.

by Annapurna

I guess Jeffrey Gundlach’s bluff is being called out and the Fed will deliver on their March 23 promise.

I will definitely be looking closely at the Fed’s weekly statistical releases over the next few weeks to see changes in the balance sheet.

https://www.newyorkfed.org/newsevents/news/markets/2020/20200501

https://www.newyorkfed.org/markets/primary-and-secondary-market-faq/corporate-credit-facility-faq