Fed bought $1.3 billion in bonds in May to include JCPenney and two other companies in chapter 11. https://www.stltoday.com/business/local/in-rescue-effort-the-fed-buys-corporate-bonds-ranging-from-apple-to-bankrupt-companies/article_6200f6c4-0133-514d-bee6-9e58d6279c6b.amp.html?__twitter_impression=true **Starting tomorrow the Fed will begin purchasing up to $250 billion in corporate bonds!!! https://markets.businessinsider.com/amp/news/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910?__twitter_impression=true