Barclays T2 rallies as market await Yankee rush

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Barclays T2 rallies as market await Yankee rush

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File photo dated 23/11/16 of Barclays Bank's UK headquarters, in Canary Wharf, London, as the US Department of Justice (DoJ) has launched legal action against Barclays over the sale of toxic mortgage-backed securities in the lead-up to the financial crisis. | Matt Crossick/PA Wire/PA Images

Investors were rewarded handsomely if they bought into Barclays’ $2bn tier two on Tuesday, after the deal performed very well in the secondary market.

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