U.S. corporate bond issuance in 2020 hits $ 1.919 billion, breaking year record – Financial Times
Companies have increased more debt in the U.S. bond market this year than ever before, as a race for money during the coronavirus crisis pushed issuance beyond the previous year’s totals with months to go .
According to data from Refinitiv.
The surge marks a dramatic recovery for the market from the coronavirus-induced rout in March, when prices fell and yields skyrocketed, raising the cost…