M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
This, for the Financial Times, provide a good illustration of the tricky trade-off the Federal Reserve faces because it has now ventured into corporate debt, including elements of the junk bond segment. On the one hand, the Fed may feel that it's a win that lowly rated companies can access capital markets. On the other hand, it should worry that the economy is piling on more risky debt. #economy #bonds #investing #markets #stocks #interestrates #federalreserve #centralbanks #fixedincome
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#fixedincome