The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo Acquire Licensing Rights Nov 30 (Reuters) – Tight credit spreads and strong investor demand for highly-rated bonds has prompted some U.S. companies to refinance debt maturing in the next few years rather than wait for expected U.S. interest rate cuts in 2024 to lower borrowing costs. November saw a sharp rise in refinancing activity as Treasury yields fell and average spreads on investment-grade debt – the premium charged over Treasuries – touched 111 basis points or the lowest level this year, according to ICE BAML data. A BMO Capital Markets report noted that 29% of new
Hence then, the article about uncertain 2024 makes us companies refinance debt sooner not later was published today ( ) and is available onTOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Uncertain 2024 makes US companies refinance debt sooner, not later )