U.S. Companies Cross the Atlantic for Bond Love - News Summed Up

U.S. Companies Cross the Atlantic for Bond Love


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



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