Copying and distributing are prohibited without permission of the publisher.

Watermark

Amazon wonder-print belies global inflation jitters

Amazon warehouse Poland at dawn from Adobe 16Jun20 575x375
By Mike Turner, Tyler Davies
13 May 2021

E-commerce giant Amazon did the unthinkable this week and printed two year debt just 10bp wide of where investors could buy US Treasuries, the closest a company has ever got to US government debt. But with a high US inflation number sending a shockwave through markets days later, corporate and FIG credit markets are wondering whether they need to brace for a period of panic, write Tyler Davies and Mike Turner.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Mike Turner, Tyler Davies
13 May 2021