Companies have returned in force to the bond market following one of the weakest stretches in years. One corner of the market—U.S. companies raising money in Europe—is on a particularly strong run. U.S. companies have ramped up issuance of euro-denominated bonds, known as “reverse Yankees,” to a total of €28.46 billion ($32.31 billion) so far this year, according to data firm Dealogic, up from €6.71 billion in the same period of 2018.
Source: Wall Street Journal March 20, 2019 11:00 UTC