Apple Leads Bonanza Corporate Bond



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Apple Inc. joined Wednesday US companies, including Deere & Co. and Walt Disney Co., in a recent sprint to issue new bonds, taking advantage of the sharp decline in benchmark interest rates and the strong asks investors.

Apple launched its first bond transaction since 2017, selling $ 7 billion in debt. The three companies all issued 30-year bonds with yields below 3%, a first for the corporate debt market.

Twenty one…

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