Lending is determined by pricing.
The intersection of supply of credit vs demand for credit. Even with rates at zero bound the risk premium extended by the Lender & born by the Borrower are too high.
Banks want to get their $ back.
That is why QE is not "currently" inflationary.
— Santiago Capital (@SantiagoAuFund) September 24, 2020
"The Federal Reserve is going to have a $9 trillion balance sheet, presumably by the end of the year. This is unprecedented. So we have to understand the consequences—first, in terms of this size. Has the Fed itself become a direct market participant?"🤦♂️🤪t.co/4088OcVGtU
— M/I_Investments (@MI_Investments) September 24, 2020
U.S. junk bond market sees first pulled deal since July t.co/ugA8MH7MDx
— Win Smart, CFA (@WinfieldSmart) September 24, 2020
SOUTHWEST CEO SAYS INDUSTRY IMPROVEMENT NOT EXPECTED ANY TIME SOON, PRIOR AID HAS HELPED STEM LOSSES -CNBC INTERVIEW$LUV
— *Walter Bloomberg (@DeItaOne) September 23, 2020