The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree

The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree

Business Insider

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· *A Friday release detailed which corporate-credit ETFs the Federal Reserve bought up from the program's May 12 start to May 18.*
· *BlackRock's iShares iBoxx US Dollar Investment Grade Corporate Bond ETF was the most purchased, with the central bank buying up 2,521,892 shares over the period.*
· *Total purchases reached...

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