Investors Want 30-Year Corporate Bonds — Companies Are Refusing to Lock In the Cost
Orders of five to ten times deal size show that pension and insurance demand is strong, but issuers prefer shorter maturities while long yields remain expensive.
What changed, why it matters, and what most people may be overlooking.
Orders of five to ten times deal size show that pension and insurance demand is strong, but issuers prefer shorter maturities while long yields remain expensive.