“Corona Bonds” Are Putting EU Members at Odds
April 13, 2020 at 09:15 AM EDT
Bonds have been the default safe haven move amid the coronavirus outbreak, but now they could become an essential component to help weather the economic storm in the European Union. As part of a stimulus package to blunt the economic effects of the virus, the EU nations are proposing “corona bonds,” which would create debt to help fund the stimulus, but not all support this idea wholeheartedly.