Three-part deals of at least $1.5B from Royal Dutch Shell (RDS.A) and Philip Morris (PM) led at...


Three-part deals of at least $1.5B from Royal Dutch Shell (RDS.A) and Philip Morris (PM) led at least $8.25B in bond issuance today, as companies continue borrowing at some of the lowest-ever rates for corporate bonds. "A lot of people out there are beginning to believe the Fed, [so] let's spend the money" - an attitude Shell has in mind as it sells bonds for the first time since June 2010.
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  • bbro
    , contributor
    Comments (10936) | Send Message
     
    The Fed ??? You are missing the big picture with this obsession about the Fed...
    14 Aug 2012, 04:15 PM Reply Like
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