Goldman Caught Fed-Fueled Rebound with Bet on Mortgage Bonds
Bloomberg, Apr. 24, 2020–Alastair Marsh, Luca Casiraghi
Goldman Sachs Group Inc. bought up mortgage bonds during a wave of panic selling last month, a bet that’s almost certainly made money since the Federal Reserve unveiled massive stimulus turning a crash into a rally.
https://www.bloomberg.com/news/articles/2020-04-24/goldman-caught-fed-fueled-rebound-with-bet-on-mortgage-bonds
