WSJ: Bond market cracks open for blue-chip companies – then slams shut

THE WALL STREET JOURNAL writes (posted on marketscreener.com):
Goldman Sachs Group Inc. bankers were marketing bonds for Verizon Communications Inc. and Exxon Mobil Corp. on Tuesday when investors countered with an offer: If Goldman were interested in raising some cash for itself, they would be interested in buying.
Goldman did just that, issuing $2.5 billion of bonds due in 2030 at 3 percentage points over a government rate. It was a player two …

The post WSJ: Bond market cracks open for blue-chip companies – then slams shut appeared first on The Loadstar.

Source: The Loadstar

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