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Shutdown Averted, Treasury Yields Flirt With 5%, Strong Payrolls Add to Fed Tightening Risk: The Week In The Markets - BlackRock (NYSE:BLK), Alphabet (NASDAQ:GOOGL), Citigroup (NYSE:C), PNC Finl Servs Gr (NYSE:PNC)

Catch up on the week's market highlights, from government funding drama to surging Treasury yields and an unexpectedly strong jobs report.
United States Infosys Limited Eli Lilly Company August Nfps Unitedhealth Group Cola Company

Issuers cancel planned bond sales as yields surge over govt borrowings rise

India’s companies have been struggling to raise money in the bond market after a surge in yields triggered by the government’s announcement last month of bigger-than-expected borrowings. It’s one of the most striking examples from Asia of how rising rates globally are prompting corporate treasurers to recalibrate. Two state-owned borrowers -- Indian Railway Finance Corp. and National Cooperative Development Corp. -- withdrew planned rupee bond sales on Thursday as investors demanded hig...
Indian Railway Finance Corp Authority Of India National Cooperative Development Corp Housing Development Finance Corp Railway Finance National Cooperative Development

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