Goldman Sachs unpacks a ticking time bomb in the market’s junkiest debt due to the coronavirus — and explains why even the Fed will be unable to avoid it

Goldman Sachs unpacks a ticking time bomb in the market’s junkiest debt due to the coronavirus — and explains why even the Fed will be unable to avoid it

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The Federal Reserve recently announced that it will include companies with the safest high-yield debt in its coronavirus stimulus plan. 
Its Secondary Market Corporate Credit Facility was expanded to include purchases of exchange-traded funds that contain co…
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