The Corporate Bond Market Crises and the Government Response
Steven Sharpe and
Xing Zhou
No 2020-10-07-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
The Covid-19 pandemic led to acute stress in the global economy and, as a consequence, many parts of the global financial system. In the U.S., when concerns over the coronavirus escalated in March, many financial markets were hit by extraordinary selling pressure.
Date: 2020-10-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-10-07-2
DOI: 10.17016/2380-7172.2769
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