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September 01, 2020 1:41pm
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Bears Fled the Scene After Fed Backstopped High-Yield ETFs

The Federal Reserve’s decision to backstop high yield exchange-traded funds (ETFs) as part of its stimulus measures to help boost the bond market amid the pandemic saw bears flee the scene like Yogi Bear spotting Ranger Smith. Per a recent Bloomberg report, the bearish pressure “on exchange-traded...
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