Goldman Sachs and Wells Fargo Lead $17 Billion Bank Bond Sales

Reported about 18 hours ago

Goldman Sachs and Wells Fargo recently led a significant bond issuance, collectively selling $14 billion in investment-grade bonds amid a challenging market. Wells Fargo issued $8 billion and Goldman $6 billion, while Mitsubishi UFJ also joined with $3 billion in notes. Despite concerns over market conditions, demand for these bonds was strong, reinforcing confidence in the major banks as they report solid earnings.

Source: YAHOO

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