Dollars scorching as Cades gets monster 10 year
The dollar market is on an unbelievably hot streak, with deal after deal smashing records thanks to cash-rich investors and higher yields in the US Treasury market.
"The market just feels incredible at the moment," said a head of SSA DCM. "It's crazy."
He added that the buyers are all the usual suspects but that they are showing up in bigger numbers with bigger orders.The 10 year dollar market is typically more challenging for borrowers than ...