Tag: Federal Reserve Bank of New York
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds...
How Fed bond buying is impacting markets
The Federal Reserve Bank of New York is hoovering up assets in order to support corporate borrowing in the US, and subsequently creating some...
Fed begins buying corporate bonds
The Federal Reserve Board has announced the Secondary Market Corporate Credit Facility (SMCCF), will begin buying a corporate bonds to support market liquidity and...
JP Morgan and RBC added as eligible sellers to the Fed
The Federal Reserve Bank of New York funded Secondary Market Corporate Credit Facility (SMCCF) added JP Morgan and RBC as eligible sellers of securities...
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis
Minutes of the 31 March meeting of the Federal Reserve’s Treasury Market Practices Group (TMPG), including an update on a 19 March call between...
Fed: No bond ETF fees for BlackRock; JP Morgan still AWOL
Under the new Federal Reserve asset purchasing programme, BlackRock, the asset manager which is acting as the trading function for the programme, will charge...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
BlackRock’s Rieder: Fed will buy at least $1.5 trillion in Treasuries...
Rick Rieder, BlackRock’s chief investment officer of Global Fixed Income, co-manager of the BlackRock Fixed Income Global Opportunities fund and BGF Global Bond Income...
The Fed and BlackRock’s bond-buying criteria challenged
Detail around the Primary Market Corporate Credit Facility (PMCCF) and Secondary Market Corporate Credit Facility (SMCCF) launched by the Federal Reserve Bank of New...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
