The Fed Delays the Decline of Corporate Debt Markets

In late 20 19, the markets were what the hedge fund types call priced to perfection. The system was incredibly fragile because the fed had been pumping up these markets for years. And that is the market that collides with a really unprecedented economic shutdown caused by covet. In march of 20 20, we saw a financial crisis again, that was worse than thousand eightit's pretty amazing that the the market for united states treasury bills, the safest market in the history of markets, seized up and stopped trading for some treasury bills.