The leveraging of America: how companies became addicted to debt
FT Series The new social contract
The Federal Reserve pledged in April to buy trillions of dollars of debt, much of it owed by the corporate sector.
This is the second time in just over a decade that the Fed has mobilised the full force of its balance sheet to put a floor under creaking credit markets.
FT 10 July 2020
The Federal Reserve pledged in April to buy trillions of dollars of debt, much of it owed by the corporate sector.
This is the second time in just over a decade that the Fed has mobilised the full force of its balance sheet to put a floor under creaking credit markets.
FT 10 July 2020
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