Posts in tag
bazooka
Stock market attempts to claw back from Thursday depths after Fed announces ‘big bazooka’ to help ease Treasury market problems
U.S. stocks bounced off Thursday lows after the Federal Reserve announced that it would offer $505 billion in a key area of the short-term funding market to help cure dislocations in Treasury trading, amid growing coronavirus anxieties. The measure is part of a broad package of easing measures. The Fed said it would offer $500 …
