US investment-grade debt issuance tops $1 trillion on back of Fed purchases

Business Insider

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· *US investment-grade bond issuance topped $1 trillion on Tuesday as the corporate-credit market rebounds from March lows.*
· *High-grade issuance on Tuesday reached $11.2 billion across 11 deals, Bank of America strategists said in a note. *
· *Year-to-date bond offerings trounce last year's pace, as companies issued...

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