Sovereign bonds extended a rebound, U.S. equity futures rose and the dollar dipped Monday, signaling the return of some calm in markets after the turmoil sparked by last week’s slide in government debt
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(Bloomberg) -- High-yield bond default rates may double as companies struggle with a protracted economic downturn even as the Federal Reserve props up valuations, said Jeffrey Gundlach.The investment grade corporate debt market has skewed toward lower quality BBB- rated debt,…
Alphabet Inc borrowed $10 billion in the investment-grade corporate debt market on Monday, the Google parent’s largest ever bond issue, which it secured at its lowest-ever cost of financing.
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