---
title: Secondary Market Liquidity & the Economy
url: https://www.ml-quant.com/papers/ssrn/4598628/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4598628
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4598628
featured: 2023-10-12
citations: unknown
topic: Trading, Microstructure & Execution
---


# Secondary Market Liquidity & the Economy

The Federal Reserve's Secondary Market Corporate Credit Facility improved bond liquidity during COVID-19, but didn't greatly affect capital investment or employment costs.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4598628
- Identifier: SSRN 4598628
- Released: 2023-01-04
- First featured: Quant Letter No. 20 (2023-10-12): https://www.ml-quant.com/issues/2023-10-12/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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