Technology
Picky Investors Push Back on High-Grade Prices After Debt Deluge
Key Points
Investing Picky Investors Push Back on High-Grade Prices After Debt Deluge Blue-chip firms are swarming the US debt market to finance everything from acquisitions to the artificial intelligence buildout. But investors are getting pickier about what they’ll buy, and at what price, as the borrowing frenzy takes its toll. Investors pulled about 36% of their initial orders for high-grade bond sales on average this week after final pricing was squeezed, according to data compiled by Bloomberg.
Investing
Picky Investors Push Back on High-Grade Prices After Debt Deluge
Blue-chip firms are swarming the US debt market to finance everything from acquisitions to the artificial intelligence buildout. But investors are getting pickier about what they’ll buy, and at what price, as the borrowing frenzy takes its toll.
Investors pulled about 36% of their initial orders for high-grade bond sales on average this week after final pricing was squeezed, according to data compiled by Bloomberg. That’s twice the prior week’s rate, and well above the 22% average for the year, the data show.