US bond mart goes wild, AT&T snubs risk premium
Last week, bond syndicate bankers in the US said the tone was good but no one wanted to risk issuing. This week, all has changed with a mountain of bank and broker paper coming to market and then a spectacular $4bn deal from AT&T, which, gulp, may not even have a new issue concession. And we haven’t even heard from the Fed yet.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts