US bonds roar with action as NIPs disappear
It might only be the first week of November, but US investment grade bond issuers have begun an end-of-year party. They poured deals into the market this week, on a final push to secure financing in some of the best market conditions all year.
Between Monday and Wednesday, $28.6bn of high grade deals from financial and industrial names hit the market, as big companies returned to the fray after earnings blackouts.
November is usually an active month for dollar bonds, offering the last chance for borrowers to raise money before the December
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