M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
These charts show the impact of the Federal Reserve's latest measures on High Yield bonds. Since the start of the Fed's multi-phase emergency interventions, the S&P and the HY ETF have returned similar gains. But the HY's bounce came in response to Thursday's announcement. EM stocks understandably have lagged. #bonds #stocks #investing #markets #economy
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