Sean Hanlon, CEO and Co-Chief Investment Officer of Hanlon Investment Management, March 27th article in Forbes – High Yield Bond Update, talks about on Monday, March 23rd, the US Federal Reserve (“the Fed”) took unprecedented steps towards calming financial markets, authorizing unlimited purchases of government debt, mortgage backed securities, and for the first time ever, investment grade corporate bonds, including corporate bond ETFs.
Excerpts:
“High yield bonds have sold off sharply, how does the current selloff compare to the 2008 financial crisis?”
Read the full article – Here
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