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KM Financial Solutions | UPDATE 2-Junk bond prices rally after Fed offers lifeline to riskier credits
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UPDATE 2-Junk bond prices rally after Fed offers lifeline to riskier credits

08 Apr UPDATE 2-Junk bond prices rally after Fed offers lifeline to riskier credits

Posted at 17:33h in News by
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Prices on U.S. high-yield bond
exchange-traded funds and individual junk-rated issues like Ford
Motor Co and Occidental Petroleum Corp soared on
Thursday after the Federal Reserve announced it would expand its
corporate bond-buying program to include some speculative-grade
debt.

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