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Did Apple's (AAPL) mammoth $17B bond sale mark the top for bonds? Ten-year Treasury yields...

Did Apple's (AAPLmammoth $17B bond sale mark the top for bonds? Ten-year Treasury yields bottomed for the year at about 1.62% right at the time of the offering and have gone vertical since (currently at 2.16%). A back-of-the-envelope calculation finds the company pocketing $724M in savings over the life of the paper by borrowing at the end of April vs. the end of May. TLT -7.6%, LQD -3.7% during May.
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Comments (3)
  • Bob Hu
    , contributor
    Comments (93) | Send Message
     
    Great timing by AAPL. :-)
    3 Jun 2013, 09:06 AM Reply Like
  • rocback
    , contributor
    Comments (1158) | Send Message
     
    This is the turn for all things Apple, right before its developers conference this week where there will be some surprises.
    3 Jun 2013, 09:37 AM Reply Like
  • Brian Barbour
    , contributor
    Comments (798) | Send Message
     
    funny how sentiment is changing soon the shares reversed the downward trend
    3 Jun 2013, 01:39 PM Reply Like
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