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  • Tuesday, December 17, 2024

Fed: No bond ETF fees for BlackRock; JP Morgan still AWOL

Under the new Federal Reserve asset purchasing programme, BlackRock, the asset manager which is acting as the trading function for the programme, will charge no asset ...

Fed begins buying bond ETFs

The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF).