There is a case for diversifying into global corporate bonds ftadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftadviser.com Daily Mail and Mail on Sunday newspapers.
Two major U.S. regional banks raised
a total $4.75 billion selling bonds on Thursday, on the back of
strong demand in a sign that fixed income investors are no
longer jittery about regional banks.
US regional banks get solid welcome for new bonds streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed income investors are no longer jittery about regional banks after the March banking crisis. The banks' deals follow Wednesday's $2.5 billion bond sale by peer PNC Bank. The sale was met with strong investor demand and its book received over six times that amount in orders.
Some investors are predicting an
increase in corporate bond issuance in the New Year, after bond
yields slid last week, opening the door for companies to
refinance existing debt or issue new debt at.