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'There is a case for diversifying into global corporate bonds'

'There is a case for diversifying into global corporate bonds'
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Natalie-trevithick

US regional banks get solid welcome for new bonds

Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed income investors are no longer jittery about regional banks.

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US regional banks get solid welcome for new bonds

US regional banks get solid welcome for new bonds
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US regional banks get solid welcome for new bonds

Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed income investors are no longer jittery about regional banks after the March banking crisis. The banks' deals follow Wednesday's $2.5 billion bond sale by peer PNC Bank. The sale was met with strong investor demand and its book received over six times that amount in orders.

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US corporate bond issuance seen increasing after yields slide

Some investors are predicting an increase in corporate bond issuance in the New Year, after bond yields slid last week, opening the door for companies to refinance existing debt or issue new debt at.

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