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Vanguard Says Debt Investors Dreading Rates Rout Are Missing Out

Vanguard Says Debt Investors Dreading Rates Rout Are Missing Out
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Wells Fargo, JPMorgan start banks post-earnings bond spree

The Wall Street giants are borrowing from the debt market after posting strong net interest income and raising their outlook guidance.

Robert smalleyKabir caprihanEric beinsteinNathaniel rosenbaumArnold kakudaWells fargo coWells fargoJpmorgan chase coWall streetBloomberg intelligenceBlue chip bond yields hit highest sinceFed teasesJpmorgan chaseWall street banks

Wells Fargo, JPMorgan Start Banks Post-Earnings Bond Spree

(Bloomberg) Wells Fargo & Co. and JPMorgan Chase & Co. are leading the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts

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