Reported 4 days ago
In 2024, companies globally sold a staggering $7.93 trillion worth of bonds, a 33% increase from the previous year, driven by high investor demand and lower borrowing costs. Major corporations like AbbVie and Cisco used these bond proceeds to finance acquisitions, taking advantage of favorable market conditions following interest rate cuts by the Federal Reserve. Despite a recent cautious outlook for corporate borrowing amid inflation concerns, analysts anticipate continued growth in investment-grade bonds due to resilience in the U.S. economy.
Source: YAHOO