Hunt For Yield Boosts Corporate Bond Sales and Prices

Investment-grade corporate bond issuance has reached $140 billion this month, the second strongest January in the past decade behind 2017. Source: The Wall Street Journal Corporate bond prices pushed higher Friday, extending a rally that has spurred a wave of issuance by companies of all kinds. New bond sales by U.S. high-yield and investment-grade companies…

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Sovereign Wealth Funds Love Bonds Now. But Why?

Sovereign investors are buying bonds as a defensive position on the back of improving yields Source: Bloomberg Sovereign investors command an astounding amount of assets, yet traders typically have only a vague sense of what these behemoths are doing with all that money. Invesco Ltd. has at least one answer: They’re buying bonds. For the first time…

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