Fierce Demand for P&G Bond Spotlights Buyers Wary of Fed Cuts
(Bloomberg) -- Procter & Gamble Co.’s $1.35 billion debt sale is flashing one of the clearest signals yet that investors are binging in corporate debt markets before the Federal Reserve can pull interest rates lower.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Billionaire Joe Lewis Pleads Guilty in Insider Tra...
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