High grade US corps and Yankees dance on the debt ceiling
High grade corporate borrowers continued to tap the dollar bond market this week as a sliver of hope appeared in the political impasse over the US debt ceiling.
Eleven borrowers sold $8.1bn of bonds in the first three days of the week as the US investment grade debt market again showed its resilience in the face of a US government shutdown and the prospect — however remote — of a US sovereign bond default.
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