High-grade companies rush to tap US debt markets post-Labor Day

📆 05/09/2023 18:38:00
📰 SaltWire Network

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

By Matt Tracy (Reuters) - Top-rated companies were tapping the U.S. debt markets on Tuesday, in a widely anticipated post-Labor Day rush for financing ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Matt Tracy

At least 21 investment-grade rated companies have already announced plans to sell bonds on Tuesday morning, according to Informa Global Markets. September is typically the second-busiest month for U.S. debt issuance, according to credit research analysts at JPMorgan Chase, with an average issuance volume of $129 billion over the past four years outside 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Labor Day Progress Report: A Shift Down to Cruising Speed for US Job MarketA pre-Labor Day flurry of data last week indicated the US job market is shifting to a lower gear but still capable of delivering enough fuel to keep the economy from sputtering.
Source: BNNBloomberg - 🏆 83. / 50 Read more »