The Effect of the US Government’s Intervention in the Corporate-Bond Market
Video
May 7, 2020
Juan Sampieri and Andy Sparks On March 23, the Fed and U.S. Treasury announced the Primary and Secondary Market Corporate Credit Facilities (PMCCF and SMCCF), designed to stabilize the corporate-bond and loan markets amid the COVID-19 crisis. What effect did this intervention have? How to interact with this plot: Click and drag on the bottom sub-chart to zoom in on any period. Use the boxes in the legend to select a group, hold the shift key to select multiple groups.
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Source: MSCI. Learn more about our Fixed Income Indexes.
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