January 23, 2024
Michele Dathan on the corporate bond boom
Why did corporate bond issuance surge during the COVID-19 pandemic?
Michele Dathan 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 AEA 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.