• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Federal Reserve to Start Tapering Corporate Bond Holdings

June 3, 2021 by Forex Winner Leave a Comment

Federal Reserve to Start Tapering Corporate Bond Holdings

The United States Federal Reserve will start winding down its corporate bond holdings accumulated in 2020 amid the COVID-19 pandemic, according to Reuters.

  • Among those to be unwinded are holdings in the Secondary Market Corporate Credit Facility, including corporate bonds purchased in the secondary market and exchange-traded funds investing in corporate bonds.
  • The holdings were acquired at the height of the pandemic in 2020, and will be sold in a “gradual and orderly” manner.
  • An official said the move is unrelated to monetary policy which at present authorizes the Fed to acquire $120 billion in government securities per month.
  • The Fed said the holdings in the SMCCF proved “vital” in restoring the market in 2020 as they supported credit for large firms and boosted employment.
  • The facility ended April with $13.8 billion of loans outstanding. This includes $8.6 billion of corporate bond ETF holdings, and $5.2 billion of corporate bonds.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Singapore Blank-Check Company to Acquire Taiwan Social-Entertainment Platform

October 2, 2023

High Blood Pressure in Seniors: A Balancing Act

September 30, 2023

Auto Strikes Cause Stock Market Struggles

September 29, 2023

Footer

Forex Broker Reviews

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

FxPro

FxPro Review

March 20, 2020 By Forex Winner

FXDD

FXDD Review

September 16, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure