Fed’s rate gift stokes hopes of dollar bank bonds

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Fed’s rate gift stokes hopes of dollar bank bonds

Chicago, USA. 07th Apr, 2018. Federal Reserve Chairman Jerome Powell speaks at the Economic Club of Chicago luncheon at the Hilton Chicago on April 6, 2018. Credit: Antonio Perez/Chicago Tribune/TNS/Alamy Live News

◆ Rate cut expectations raise appeal of bank debt ◆ NBC and Ally Financial push annual issuance to $593bn ◆ Yankee and US regional banks expected to lift supply in 2024

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