Bonds
Credit Markets Rev Up After $61 Billion of Deals in One Day
Global credit markets are sending off one of the clearest signals yet that investors are looking past geopolitics.
At least 10 borrowers in Asia — including Japan’s Resona Bank Ltd. and Agricultural Bank of China Ltd. — were marketing notes in the US currency Tuesday, the most in a single day since September. That’s after Monday emerged as the best day for the market in a year, with global dollar bond sales raising a combined $61 billion.