Reported about 1 month ago
A historic influx of blue-chip companies is tapping into the US corporate bond market, with 29 firms, including Ford and Barclays, seizing the opportunity to issue debt before the upcoming presidential election. Anticipating lower interest rates, they aim to borrow approximately $125 billion in September, driven by decreased borrowing costs and strong investor demand. This surge marks the busiest sales day in bond market history.
Source: YAHOO