Faculty News

Professor Nouriel Roubini's comments on the Fed's willingness to purchase corporate bonds are referenced

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Excerpt from CCN -- "BBB-rated corporate bonds, which make up a majority of the investment-grade corporate universe, are also a major concern. Many of these BBB-rated companies don’t pass the criteria to be rated BBB by the rating agencies. As New York University Economist Nouriel Roubini put it, the Fed is essentially buying junk bonds."

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