Investors queue for coffee but beat a retreat as rates hit an unnatural high
Keurig Green Mountain enjoyed the best of dollar bond market conditions as investors drank deep before a spike in US Treasury rates sent borrowers scurrying to the sidelines.
The week got off to a blistering start with six borrowers hitting the tape led by Keurig, which racked up more than $30bn of demand for an $8bn deal to help fund its reverse takeover of Doctor Pepper Snapple.But concerns over higher inflation spooked the market, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com