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Fed Throws Junk Bond Lifeline To Weak Companies

Saturday, March 16, 2013 - 12:35 PM
Struggling companies that otherwise might not be able to stay afloat have found a friend in the Federal Reserve. The central bank's cheap-money policies have allowed borderline companies to get low-cost financing thanks to investors who are thirsting for yield and buying risky bonds as the Fed keeps its target funds rate near zero.

Fed Throws Junk Bond Lifeline to Weak Companies

 
3
ShorebreakShorebreak2,622 posts since
Apr 6, 2010
Rep Points: 14,216
1. Saturday, March 16, 2013 - 1:55 PM
Dear Readers,

Perhaps this is a proof that FOMC's policy is helping those employed by the so called "borderline companies" keep their job, and perhaps even helping some of these companies to hire more help.

Many thanks to FOMC, for doing what they are mandated to do by law !!

Yours Truly,
- Anonymous
1
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
2. Saturday, March 16, 2013 - 8:30 PM
Yes sir, the Fed is doing it's job by keeping failing companies in the game just to enable money to keep pouring into junk bonds. This is a train wreck.
2
ShorebreakShorebreak2,622 posts since
Apr 6, 2010
Rep Points: 14,216
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