I am waiting for them now to pledge to effectively bail out the US Bond market. Lot of US companies especially in oil and gas that issued junk bonds.
Well right on queue they have pledged to do exactly what I said above....lol. They are bailing out the entire U.S bond markets as I thought. They have no choice really they got to now prevent a depression.
https://www.realclearpolitics.com/v...rtgage-backed_securities_in_vast_amounts.html
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"We've made three new announcements that with the Fed we'll be supporting the asset-backed markets, the primary corporate bond markets, the secondary corporate bond markets." - Steven Mnuchin
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