5 days ago
Corporate-Bond Sales Top $150 Billion in Busiest May Since 2020
The US investment-grade primary bond market is having its busiest May since 2020 as easing tariff pressure has spurred companies to borrow while they can, a trend that could continue next month.
Six firms are raising $4.9 billion on Thursday, bringing this month's volume to roughly $153 billion, according to data compiled by Bloomberg News. That's the most for the month since May 2020, when the Federal Reserve slashed interest rates to help bolster the economy during the pandemic and high-grade firms issued a record $243 billion.
