Capital Markets Volatility and COVID-19: Background and Policy Responses [June 19, 2020] [open pdf - 2MB]
From the Introduction: "Capital markets are where securities--such as stocks, bonds, and shares of investment funds--are issued and traded. They provide the largest sources of financing for U.S. nonfinancial companies. [...] This report focuses on capital markets behavior and policy responses in reaction to the COVID-19 [coronavirus disease 2019] economic crisis, with particular focus on stocks, corporate bonds, and investment funds. The report aims to provide context for understanding policy decisions, their perceived outcomes, and the pros and cons of certain policy actions."
CRS Report for Congress, R46424
Congressional Research Service: https://crsreports.congress.gov/