All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Corporate Bonds

US firms break bond issue record for $135bn as jobless claims soar

Nike tick swoosh logo from Adobe 26Mar20 575x375

US companies have smashed the all time record for bond issuance this month, as they plundered the dollar market in a headlong dash for liquidity that continued on Thursday, even though a darker record was broken: 3.3m new unemployment claims, more than four times the previous highest.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree