For purposes of this assignment, you can pretend that you are an analyst reporting to the treasurer of a Fortune 500 firm. Your boss needs to understand the status of the commercial paper market because she is considering issuing commercial paper in the near future. Follow these instructions:

Go to the Federal Reserve website: https://www.federalreserve.gov/

Click on the following items:

Data

Business Finance

Commercial Paper

Scroll down to review the outstanding levels that are seasonally adjusted. This should be listed as Billions of dollars

Provide a report to the treasurer that highlights the following:

Discuss what has happened to the amount of outstanding in the commercial paper market for nonfinancial issues since December 2016.

Discuss what has happened with respect to the financial and asset-backed issues since December 2016.

Why are there differences in the three types of commercial paper?

Try to find an article from the Wall Street Journal, New York Times, Economist, or other business periodical discussing that current state of money markets. Provide a summary of what the articles say about this