The burst of issuance activity is a reminder that the bond market remains open for business, and that is an important development if the US is going to avoid a protracted downturn.
The latest signs of life from corporate bond issuers sure do not signal a market that’s in a recession.
Facebook parent Meta Platforms Inc is reaching out to investors Wednesday ahead of a potential senior unsecured debt offering, according to Bloomberg News. Earlier this week, Apple Inc introduced a US$5.5 billion offering in four parts, adding to a flurry of other recent sales from prominent banks.
