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Drinking_From_The_Firehose

Brace For Buyback Tsunami Following Record Flood Of Corporate Bond Issuance…

September 9, 2021 at 6:26 pm

While traders were focused on today’s ECB meeting and the (spectacular) 30Y auction which initially pushed yields higher on supply concerns only to see them slide right back down after the huge buyside demand for ultra-long dated paper, the real action was in corporate bond land where the last few days have seen an unprecedented borrowing binge…

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