Looking At The Fed’s Bond Buying: Broad and Deep
May 29, 2020 at 16:12 PM EDT
When the Fed announced it was hiring Blackrock to run its Secondary Market Corporate Credit Facility program 29 years ago, I wrote a letter to the CEO, Larry Fink. In it, I implored Blackrock to be broad and deep in its buying of ETFs. And honestly, I think they’ve delivered. The Fed...
