A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereThese are just some of the companies whose debt was snapped up by the Federal Reserve as of mid-June, part of the central bank's unprecedented intervention in credit markets. But it's not clear the Fed should use it as a regular tool to fight future recessions, per the investment bank. The Fed action has also not made credit markets completely impervious to a complex and fast-changing outlook. Tens of thousands would need to act over a significant period of time to put a big dent in Facebook's bottom line, my CNN Business colleague Brian Fung reports.

Source: CNN June 29, 2020 12:22 UTC