The Fed's actions should lower yields for both Treasurys and MBS and result in better functioning and liquidity. Lower liquidity swap rates should reduce USD funding strains for developed economies. Actions won't narrow credit spreads for corporates, municipalities, or EM. The Fed is not out of ammunition but its weapons won't win the war against the virus.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.