this is USA breaking the FED.
captcha: Qdulst
$500 Million? The Fed has been pumping 200B quarterly into Wall Street to keep it running since 2009. Now the Fed just injected 1.4T the last two days, with another 4T coming the next 3 weeks.
Wuhu Virus is real……but it is the scapegoat for the horrid practices of Wall Street derivatives market and banks corporate lending bubble.
I really think this Pandemic bond is more misdirection from the real issue.
1/2 of that dream came true in 2009.