Delight for EIB, KfW as UST yields leap, electrifying investors
Ten year Treasury yields rose towards 4.9% this week, triggering a buying frenzy among dollar investors worldwide — ideal conditions for the three supranational and agency benchmarks launched this week.
The European Investment Bank, KfW and Kommunalbanken all took advantage of the new yield environment, executing well received deals in record time.
The EIB raised $3bn with its second 10 year global of the year, as did KfW with its three year a hugely successful deal that pulled
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