Reported 4 months ago
European bond sales have surpassed €1 trillion in record time this year, reaching the milestone more than a week ahead of the previous record. The surge in bond issuance was fueled by a variety of issuers, including supranationals, sovereigns, agencies, and US firms, taking advantage of strong investor demand and tight spreads. The market dynamics remain compelling, with numerous borrowers, such as Merck & Co. Inc and Coca-Cola Co., seizing the opportunity to raise debt at attractive rates. Despite the strong demand from investors, caution is advised due to potential inflation surprises that could impact monetary easing efforts.
Source: YAHOO