For businesses that were struggling before the pandemic struck, the federal stimulus bill "may not be the economic life preserver companies and their lenders were hoping for."
The novel coronavirus (COVID-19) pandemic raises many employee benefit and compensation considerations for employers. We examine key issues relating to COVID-19 and provide suggested strategies for employers to prepare for these issues.
The impact of FOMC rate reductions on money-market fund yields is delayed compared with the federal funds rate; as a result, some companies are moving assets away from lower-yielding bank products into MMFs.
Analysts are trying to determine which companies will issue euro-denominated bonds, which tends to reduce leverage and risk premiums on the company's U.S. bonds.
