HSBC hits dollar AT1 market as rates vol settles

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By Tyler Davies
02 Mar 2021

HSBC was looking to issue two tranches of additional tier one capital in dollars on Tuesday, as rates markets moved back into a more stable trading pattern.

Risky bond sales were put on hold last week, after the yield on 10 year US Treasuries shot up from 1.29% to 1.44%.

The yield has been moving higher all year, as investors position for more US economic growth and think about what that could mean for the ...

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