Amazon Bought Government Bonds Amid Last Year’s Tech Sell-Off
February 14, 2019 at 15:22 PM EST
In 2018, the Nasdaq Composite fell 4 percent amid a volatile year-end that saw many investors sell off tech stocks. While this went on, online retail giant Amazon loaded the boat on safe-haven government bonds. Amazon increased its government bond holdings by $6.8 billion to end with a total of...
