Headline Details

UPDATE 1-Fed support fuels corporate debt spree in April

Published on: Thu, 30 Apr 2020 0:37:56 UTC
News Agency: Reuters
Issuance of investment-grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented intervention into credit markets to blunt the economic effects of the coronavirus pandemic.

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