US companies rush to issue corporate debt, busiest February ever

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

U.S. companies with the highest credit ratings sold a record $144 billion of debt securities so far in February to get ahead of further potential interest rate hikes, meeting strong demand from investors looking to capitalize on a spike in yields.

Investment-grade rated corporate bond issuance in February has been the busiest ever for the month with the tally as of Monday already some $20 billion ahead of the now second-heaviest February in 2021, said BMO Capital Markets' fixed income strategy director Dan Krieter in a report.

Companies have been rushing to issue bonds as yields spiked to touch new highs with the Federal Reserve looking to keep interest rates higher for longer. Traders now expect the Fed to raise rates to about 5.4% in July, with only a minor decline by December, futures markets show . In early February, the market envisaged rates rising to a peak under 5.0%, with several rate cuts by year's end.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Games US play around the world.!

Seems healthy 🤦‍♂️

WallStreetSilv

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes