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February 8, 2024
U.S. Corporate Credit Issuance Breaks Records
Issuance of investment-grade bonds by U.S. companies rose above $191 billion in January. This was the highest recorded level of activity in January. Including the high-yield and convertible bonds, the issuance in the month crossed $223 billion. Most of the new issuances are related to refinancing. New records expected in 2024 BofA Global estimates the...
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