Blue-Chip Company Debt Deluge Hits Hottest Two-Day Volume Ever

-- After two days of record sales in the US blue-chip corporate debt market, another 11 companies are looking to sell bonds on Thursday, and demand for the securities is holding strong by key measures.Madrid to Ban E-Scooter Rentals, Following Lead Set in Paris

Average high-grade bond yields have fallen to the lowest in over two years, reaching 4.81% on Wednesday. The holiday-shortened week is unlikely to top a record of $117 billion in April 2020, but could bubble above a comparable week that included Labor Day in September 2021, Bloomberg’s Brian Smith wrote in a note.In addition to regular economic data reports that can send the market into a tizzy, the Fed meets in two weeks to make a decision about its rate target.

Borrowers paid about three basis points, or 0.03%, in new-issue concessions on deals that were more than four times oversubscribed, Bloomberg’s Smith wrote. Deals issued on Tuesday have already traded tighter, signaling strong demand. New issuance volumes are expected to taper off a bit next week after heavy post-holiday action, Kimball said. Monthly issuance is already over half way to dealer estimates of $125 billion.‘Great deal to be concerned about’: Judge Rinder speaks out on Lucy Letby case

A Jackson County, Ga. police report obtained by Yahoo News found that Discord users had contacted the FBI in May 2023 about posts threatening to commit a school shooting.BOSTON — Several political leaders, including Massachusetts U.S. Sens. Edward Markey and Elizabeth Warren, attacked the leader of a troubled health care system on Thursday for refusing to comply with a subpoena to appear before a Senate committee.

If you're watching the Baltimore Ravens play in 2024, you'll see some decals on their helmets that say "Joe D" and "Jacoby 12." What's the deal with those? If you're asking that, you've come to the right place. "Joe D" is Joe D'Alessandris, the beloved…

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