Nicholas Elfner News Today

(Bloomberg) -- Blue-chip firms have sold $188.57 billion of bonds in the US in January, setting a record for the month, as companies look to take advantage of drops in longer-term borrowing costs. Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersAmazon Drops iRobot Deal; Roomba Maker Cuts 31% of StaffUS Weighs Resp...

(Bloomberg) -- Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesTrump Urges Prosecutors to Drop Case, Offers Defense PreviewPutin’s Economic Forum Puts Russia’s Isolation on DisplayBank of America Corp. returned to the green bond market last week, ending a seven-month issuance drought for bonds tied to ESG financing from W...

Blue-chip issuers largely avoided tapping the market on Thursday, while a key measure of credit risk soared to the highest since the failures of SVB Financial Group and Signature Bank in March.

From Bloomberg: Beleaguered U.S. regional banks are assessing whether bond sales to replace lost deposits are worth the cost, as credit investors weigh whether they're worth the risk. The arrival of quarterly bank earnings reports on Friday, April 14, spurred speculation on which financial institutions will brave an unpredictable bond market.

Government and investment-grade corporate debt securities have risen to a market value of $59.2 trillion from $56.4 trillion at the end of October.