Technicals give Amazon record spread but inflation tilts curve
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Technicals give Amazon record spread but inflation tilts curve

Amazon warehouse Poland at dawn from Adobe 16Jun20 575x375

Amazon grabbed headlines by pouncing opportunistically into the market and pricing an $18.5bn bond this week that included a record tight spread over Treasuries on a sustainability-labelled two year note, but the bigger story was inflation fears skewing the curve steeper.

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