2024-03-19 01:45:00 ET
Summary
- Companies are taking advantage of strong investor demand in the investment grade credit market.
- In just the first two months of 2024, we’ve seen nearly 200 companies issue roughly $380 billion of new bonds in the U.S. investment grade credit primary market.
- Monthly issuance totals for both January and February blew away the prior three-year averages of $138 billion and $115 billion, respectively.
By Melanie Hilbush, CFA
Companies are taking advantage of strong investor demand in the investment grade credit market. ...
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