This Tech Company’s Record Bond Offering Sparked a Rise in U.S. Treasury Yields — Fortune

U.S. Treasury yields rose on Monday from Friday’s multi-week lows as Microsoft msft launched the fifth largest corporate bond offering of all time, drawing appetite away from safe-haven U.S. government debt, and on profit-taking. Microsoft launched a seven-part $19.75 billion deal, the third biggest corporate bond offering of 2016, according to IFR data. Analysts said…

via This Tech Company’s Record Bond Offering Sparked a Rise in U.S. Treasury Yields — Fortune

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