The central bank’s pledge to buy investment-grade credit and certain funds helped spark a rally in higher-rated debt.

Asset managers may need to reassess the assumption that’s become widely held in recent years: that inflation is dead.

“Recent further Fed action from COVID-19 seems to put another layer on a near-40-year bond bull market,” an expert says.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

The world’s 500 richest people have lost almost $1.3 trillion since the start of the year.

The iShares fund saw the second-biggest inflow in its 18-year history after the central bank said it would begin buying corporate bonds and credit ETFs.

After becoming unmoored in recent weeks as bond market liquidity dried up, funds that stand to benefit from the central bank’s buying are now rallying.

The fund paid out about $150 billion in redemptions Thursday, all in cash.

The platform aims to "assist … in meeting demands for redemptions” as alarm over the coronavirus continues to cause strains in short-term funding markets.

Lenders have been ringing up investment firms and hedge funds to garner interest in financing to companies in industries upended by the coronavirus.

The actions include cutting the federal funds rate to between 0% and 0.25% and other steps to ease economic stress from the spread of the coronavirus.

The richer they are, the more options clients have to insulate themselves from the coronavirus and its effects.

The world’s pile of negative-yielding debt has grown as the economic backdrop soured and fears of a pandemic mounted.

The Federal Reserve has voted unanimously to cut the interest rate 50 basis points to 1.10% effective March 4, in the first emergency rate cut since 2008.

The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday.

The bloodbath in risk assets has intensified on deepening concerns about the economic fallout from the spread of the coronavirus.

The SPDR fund saw a one-day exodus of $372 million as the sector struggles amid bets that the Fed will cut rates to mitigate damages from the coronavirus.

The investing world is rushing to cater people who want to make a difference with their money but are unwilling to accept higher volatility or fees.

While the deadly virus threatens to harm the world economy, the funds have remained popular as the Fed signals low rates for the foreseeable future.

The $6 billion fund saw almost 3 million shares hit the tape after DoubleLine’s CEO touted its potential for retirees in his annual markets webcast.