Fed snaps up $1.3 billion in corporate bond ETFs and we finally know which funds it's been buying

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

New for subscribers: Fed snaps up $1.3 billion in corporate bond ETFs and we finally know which funds it's been buying Check out CNBCPro for a free trial.

fund, at $326.3 million of market value through May 19. The $1.6 trillion iShares fund family is administered by BlackRock, which in turn is directing the purchases for the New York Fed's bond-buying program.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro 🤦🏻‍♂️

Pro “American billionaires got $434 billion richer during the pandemic” This was 2 weeks ago so it’s way north of 500 Billion today! Let’s keep up the stimulus because Wall Street is stalling again. Billionaires are at risk of not getting a daily return of 1-2% anymore!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cisco acquires ThousandEyes for around $1 billion to make deeper push into softwareThousandEyes is the first acquisition Cisco made completely over the internet, thanks in part to its Webex video chat software. That is one creepy name.
Source: CNBC - 🏆 12. / 72 Read more »

Corporations raise $1 trillion in the bond market amid Fed backstop, double the pace of last yearCorporations have already raised more than $1 trillion as they race to replace other debt cheaper and raise cash to weather the recession. I'm sure this ends well.
Source: CNBC - 🏆 12. / 72 Read more »

How rising U.S.-China tensions could impact emerging market ETFsWith a newly passed Senate bill putting U.S.-listed Chinese stocks at risk, issuers look at how delistings could affect emerging-market ETFs. ETFEdgeCNBC where's trumps left hand........... ETFEdgeCNBC Get out of anything china 🇨🇳 ETFEdgeCNBC Emerging markets will do just fine on China's Belt and Road.
Source: CNBC - 🏆 12. / 72 Read more »

US corporate bond sales surge past the $1 trillion threshold at the fastest pace ever - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Macy’s Prices $1.3 Billion in Bonds at 8.375%The retailer is said to have gotten almost $6 billion in orders for the sale, pointing to strong investor demand for high-yielding bonds I don't think I'd want a piece of that even at 8.375% School, business are huge question marks. If remote school/work remains high, clothing sales will tank. You can buy other goods online-gadgets, small kitchen appliances, etc. 💰
Source: WSJ - 🏆 98. / 63 Read more »

Tencent raises $6 billion in largest Asian corporate debt deal this yearChinese social media and gaming giant Tencent Holdings Ltd said on Thursday it raised $6 billion in a U.S. dollar bond sale - the largest debt deal by an Asian corporate in 2020. please kindly follow I promise to follow back Despite CCPChina’s trashing the UN registered SinoBritishJointDeclaration by forcing the NationalSecurityLaw in HongKong, CCP continues to enjoy the benefits from capital markets of free economies TencentGlobal 170054210794052 me pubg mobile account Ben please request 5600065343 Royal pass account unbend please please ,me . email. sodharamjan3gmail.com
Source: Reuters - 🏆 2. / 97 Read more »