18 Hrs
Source:
Sky News
US Firms Reach Record Europe Bond Issuance
The European bond market has experienced an unprecedented influx of American companies, with the number of issuers reaching a record high. This includes Amazon, which issued bonds in British pounds for the first time, and Uber, which entered the euro bond market for the first time. This comes amid a divergence between strong foreign demand for European bonds and a decline in the local market, caused by increasing corporate debt related to artificial intelligence. Meanwhile, American companies are seeking alternative sources of financing due to massive borrowing in the largest bond market in the world.
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