HSBC hits dollar AT1 market as rates vol settles

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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