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September 01, 2020 1:41pm
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Looking At The Fed’s Bond Buying: Broad and Deep

When the Fed announced it was hiring Blackrock to run its Secondary Market Corporate Credit Facility program 29 years ago, I wrote a letter to the CEO, Larry Fink. In it, I implored Blackrock to be broad and deep in its buying of ETFs. And honestly, I think they’ve delivered. The Fed...
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