Rules Change Again: WTF? Fed Buying Individual Corporate Bonds, up to 790 Companies Eligible

from WallStForMainSt

More rules changes? WTF?!!!!!!!!!!!!

After buying corporate bond and junk bond ETFs, the Fed decided that that was not good enough to help soften/cushion the corporate bond bubble collapsing. The Fed has already bought the individual corporate bonds of 86 companies with up to 790 companies eligible to have their bonds purchased now, including foreign companies!