Harley stalls but dollar market primed for supply glut

Harley
By David Rothnie
31 Jan 2019

Harley Davidson made heavy weather of strong US bond market conditions on Thursday after a dovish Fed and a month-long rally in spreads appeared to set the dollar market up for a strong run of issuance in February.

The bike maker was making its first trip to the market since last November, when it struggled to get a $450m deal done following criticism from US president Donald Trump over its move to shift some production overseas.

This time Harley-Davidson stalled again as it came with ...

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