The MacroTourist

Share this post
BUY IT UGLY
posts.themacrotourist.com

BUY IT UGLY

With the Fed buying corporate bond ETFs, what are they trying to accomplish?

Kevin Muir
May 14, 2020
28
26
Share this post
BUY IT UGLY
posts.themacrotourist.com

Before we get into the meat of today’s post, I want to tell you a story. Back in the 1990s, when I was a newly hatched institutional equity derivative trader, I caught wind that one of the Canadian provinces was transitioning their pension portfolio from 100% bonds to a more typical 70%-30% stock/bond mix. Even though I was just a young whipper-snappe…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Kevin Muir
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing