Dec
28
Wall Street Predicts Corporate America’s Bond Binge Will Go on
ByWall Street’s biggest dealers are forecasting that blue chip U.S. companies will sell more than $1 trillion of bonds for a fifth straight year in 2016 as corporate America’s borrowing binge endures beyond the end of the Federal Reserve’s zero-rate monetary policy.
Bank of America Corp. is predicting $1.22 trillion in issuance. The forecast from Morgan Stanley is $1.05 trillion, Wells Fargo & Co. foresees $1.24 trillion and Barclays Plc anticipates $1.34 trillion…
Wall Street Predicts Corporate America’s Bond Binge Will Go on
