US corporate bond issuance to slow after strong start to 2024
Nearly $59bn in high-grade bonds issued in the first week of the year amid lower borrowing costs
07 January 2024 – 19:08
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US corporate bond market issuance is projected to slow this week from a hectic start to the year after economic data sent mixed signals on Friday but tempered expectations of an interest rate cut in March.
The first week of 2024 saw nearly $59bn in high-grade bond issuance, beating forecasts of $50bn-$55bn…
Source: businesslive.co.za