Beware of Apple Bond Sales: Company Has Knack for Calling a Top

Apple CEO Tim Cook with a MacBook after an Apple special event on March 9, 2015 in San Francisco, California.

Photographer: Stephen Lam/Getty Images
Lock
This article is for subscribers only.

Apple Inc., as it turns out, knows the bond market too.

The company has an uncanny ability to raise money in debt markets right before interest rates go up. That means buyers are often left with losses.