January 23, 2024
Michele Dathan on the corporate bond boom
Why did corporate bond issuance surge during the COVID-19 pandemic?
is an economist at the Board of Governors of the Federal Reserve in the International Finance division. She sat down for an interview at the 2024 òòò½Íø poster session to talk about the surge in corporate bond issuance over the COVID-19 pandemic. Her work suggests that central bank interventions explain a large portion of the increase.