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Corporate bond issuances fall 22% in August as firms await Fed rate cut

Corporate bond issuances fall 22% in August as firms await Fed rate cut
Article Summary-
Corporate bond issuances fell by around 22 per cent in August, despite easing yields, as issuers delayed raising funds while awaiting the US Federal Reserve’s (Fed’s) likely interest rate cuts starting this month. Corporates and financial institutions expect further declines in yields and reduced borrowing costs, according to market...