U.S. companies have made a big push this week to borrow ahead of Thanksgiving. By Wednesday, companies issued more than $50 billion of U.S. investment-grade corporate bonds for the week, with investors expecting closer to $60 billion through Friday.
U.S. companies have made a big push this week to borrow ahead of Thanksgiving, before things typically slow down for the holidays.
“We expected a chunky week of new issuance, and maybe we’ve gotten even more so than we initially thought.” The backdrop has remained strong for America’s corporate borrowers, he said, despite the deluge of seasonal bond supply, and secondary market conditions “feeling a bit heavy right now.” “It’s a printing press right now,” said Wendy Wyatt, portfolio manager at DuPont Capital, in a phone interview Thursday. “They’re getting cheaper financing than they’ve seen in their cycle as a company.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thanksgiving dinner is going to be more expensive this year, thanks to inflationThere’s going to be an extra guest at Thanksgiving this year: inflation. Here are a few things that you can do to keep your meal as inexpensive as possible, according to experts: investinyou (In partnership with acorns.)
Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey.
Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey.
Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey.
Read more »
20 Make-Ahead Thanksgiving Dishes That Travel WellTravel-friendly Thanksgiving dishes that will allow you to get the prep out of the way early but also score you full good-guest points.
Read more »
Stock Futures Gain Ahead of Earnings From Macy’s and Kohl’sU.S. stock futures edged up ahead of more retail earnings and weekly jobless claims data. Bitcoin extended its fall into a fourth day.
Read more »