Bonds
Google Parent Alphabet Leads US High-Grade Issuance Rush
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Companies including Alphabet Inc. sold more than $18 billion of high-grade bonds on Monday, the most in one day since March, the latest sign that debt markets are stabilizing after the turmoil brought by tariff announcements early this month.
Alphabet, the parent company of Google, sold $5 billion of notes. The company’s last note sale occurred in 2020, when it raised $10 billion. It’s separately planning to sell its first bonds in Europe as soon as Tuesday.