Reckitt scores dollar debut as six take out $8bn ahead of Fed
An $8bn dash to the dollar market by six investment grade corporates had looked like a wise move on Monday, when expectations of an imminent tightening of Federal Reserve policy were still looming large. But by Wednesday evening such fears had disappeared amid a dovish stance from Fed chairman Ben Bernanke that bankers reckon might have handed borrowers a home run in the dollar markets for the rest of the year.
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