HG Bond Issuance Surges as Rates Sink, Market Beckons |
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May 03, 2013 |
May 2013 Bond Updates
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Today’s dramatic steepening of the Treasury yield curve in the wake of a strong employment report showed corporate treasurers at the top of their game, after an who’s-who list of blue-chip borrowers swarmed the markets earlier this week with meaty transactions. Indeed, primary-market overdrive this week is leading many participants to temper expectations for May issuance volume after many issuers were determined to have pulled funding plans forward to exploit the all-time lows in borrowing costs.
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View more at: http://www.forbes.com/sites/spleverage/2013/05/03/hg-bond-issuance-surges-as-rates-sink-market-beckons/
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