Google Parent Alphabet Leads US High-Grade Issuance Rush

From Yahoo Finance: 2025-04-28 16:27:00

$18 billion of high-grade bonds were sold on Monday, the most in one day since March, indicating stabilization in debt markets post-tariff turmoil. Alphabet sold $5 billion of notes, with plans to sell its first bonds in Europe. Procter & Gamble Co. and D.R. Horton Inc. also sold notes, totaling the most money raised since March. Average high-grade corporate bond yields surged in early April but have steadily declined, standing at 5.21% on Friday. Alphabet priced $5 billion in debt, potentially signaling future investments in artificial intelligence. European sale anticipated with maturities up to 29 years.



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