It was nearly one year ago to the day when Apple's corporate finance department caught the near-bottom tick in bond yields with its massive debt sale. With yields now having retreated from the peaks seen late in 2013, Apple is at it again, filing for a 7-part debt offering (size yet to be disclosed, but assumed to be around $17B, same as last year).
The 10-year Treasury yield is up two basis points on the session to 2.72%. One year ago when Apple sold paper, it was sub-2%.
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