Business & Finance
US High-Grade Bond Market Sees the Most Issuers Since January
Key Points
Bonds US High-Grade Bond Market Sees the Most Issuers Since January A record pace in US investment-grade bond issuance continued Monday, with 19 firms storming the market, the most in seven months. The companies — ranging from utilities to overseas banks to Tyson Foods Inc. — are raising capital ahead of US inflation reports due this week that may provide fresh insight on the path of the Federal Reserve’s monetary policy. Investors pared rate-hike bets after Friday’s weaker-than-expected...
Bonds
US High-Grade Bond Market Sees the Most Issuers Since January
A record pace in US investment-grade bond issuance continued Monday, with 19 firms storming the market, the most in seven months.
The companies — ranging from utilities to overseas banks to Tyson Foods Inc. — are raising capital ahead of US inflation reports due this week that may provide fresh insight on the path of the Federal Reserve’s monetary policy. Investors pared rate-hike bets after Friday’s weaker-than-expected employment report, sending bond yields lower and providing a hospitable environment to raise cash.