Fed adds Apple, Anheuser-Busch, Expedia to its bond holdings
The US Federal Reserve added $1.33 billion in bonds of individual companies from June 22 to June 30, including iPhone maker Apple Inc, beer-producer Anheuser-Busch and travel booker Expedia Group.
In all, the Fed`s portfolio included 330 issuers, led by $26.9 million of Verizon Communications bonds, $26.3 million of AT&T Inc bonds, and $25.5 million of Apple bonds. Photo: Reuters