Fed buys more corporate bonds but may soon end purchases

d
df
楼主 (未名空间)
https://ca.finance.yahoo.com/news/fed-buys-more-corporate-bonds-184918201.
html

各位将军怎么看

WASHINGTON — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds.

The Fed bought bonds issued by several hundred large companies, including AT&T, PepsiCo, and Berkshire Hathaway, the conglomerate controlled by
billionaire Warren Buffett. Combined with purchases from earlier in the
month, the Fed has bought nearly $1.8 billion in corporate debt.

The purchases are intended to keep interest rates on corporate bonds from
spiking, which would make it harder for companies to borrow by selling debt. The Fed's announcement in March that it would, for the first time, purchase corporate debt quickly boosted trading in corporate bonds and brought down interest rates in that market.

The Fed is buying bonds from a wide range of companies to mimic a broad
market index, in order to avoid favouring any specific industry. Last month it bought bonds issued by UPS, Home Depot, oil and gas pipeline company
Kinder Morgan, and drugstore chain CVS.

The Fed has also purchased nearly $8 billion in pools of bonds held in
exchange-traded funds, which operate similarly to mutual funds.

A Fed official said this week that the central bank has slowed its bond
buying in recent weeks and may continue to do so if the market remains
relatively healthy. The Fed's purchases remain well short of the program's
original cap of $750 billion. The Treasury Department has provided $75
billion in taxpayer funds to offset any losses.

“If market conditions continue to improve, Fed purchases could slow further, potentially reaching very low levels or stopping entirely,” Daleep Singh, executive vice-president of the New York Federal Reserve said Wednesday. “This would not be a signal that the (bond purchase program's) doors were
closed, but rather that markets are functioning well.”

Christopher Rugaber, The Associated Press

w
winhao

有多种解读:
1. 无关紧要,对市场没有任何影响
2. 利空,因为FED不买bond了,股市的泡泡是FED吹出来的
3. 利好,说明市场自己牛了,不需要FED 了。

就看华尔街如何解读了。

【 在 df (unkown space) 的大作中提到: 】
: https://ca.finance.yahoo.com/news/fed-buys-more-corporate-bonds-184918201.: html
: 各位将军怎么看

s
skybluewei

现在基本面和股市已经完全脱节了。这些都是noise,敢不敢上看胆量!

【 在 df (unkown space) 的大作中提到: 】
: https://ca.finance.yahoo.com/news/fed-buys-more-corporate-bonds-184918201.: html
: 各位将军怎么看
: WASHINGTON — The Federal Reserve said Friday that it purchased $1.3
billion
: in corporate bonds in late June as part of its effort to keep U.S.
interest
: rates low and ensure large companies can borrow by selling bonds.
: The Fed bought bonds issued by several hundred large companies, including AT
: &T, PepsiCo, and Berkshire Ha

★ 发自iPhone App: ChinaWeb 1.1.5
S
Sun2020

keyword: if
重复好几次。

下周大公司财报出来,这些if都不成立,又要大举买入。