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The Fed, fintech and corporate bond markets

Fintech Beat, Ep. 69

The Federal Reserve has sought to prop up the coronavirus-stricken economy by leveraging corporate bond markets as corporate life support systems.
The Federal Reserve has sought to prop up the coronavirus-stricken economy by leveraging corporate bond markets as corporate life support systems. (Drew Angerer/POOL/AFP via Getty Images)
By Chris Brummer and Evan Campbell
Posted October 13, 2020 at 4:00am

Chris White, the CEO of Bondcliq, explains why the Fed’s attempts to save the economy through corporate debt purchases needs an upgrade, starting with the bond market itself.

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