AT&T rings in $11bn as Florida basks upfront

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By David Rothnie
30 Jul 2020

The enduring health of the dollar new issue market was on display this week as companies emerged from earnings blackout to front-load funding ahead of the latest meeting of the Federal Reserve’s open market committee.

Markets shrugged as The Fed meeting passed off without incident. "The Fed delivered a dovish message but did not signal imminent policy changes. Forward guidance is still under review," said Bank of America analysts.

But on Thursday markets were more concerned about high jobless claims, with a second successive ...

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