Reported 15 days ago
In 2024, US blue-chip companies have issued $1.417 trillion in high-grade bonds, marking the second-highest level in history, just surpassing last year’s record before interest rates increased. As companies aim to capitalize on favorable borrowing costs before the holiday season, the bond market remains active, with predictions of $20 billion to $25 billion more in issuance this week. Factors such as falling risk premiums and stabilized market conditions are encouraging borrowing, despite potential cost increases anticipated in 2025.
Source: YAHOO