Major corporations are rushing to issue bonds as Treasury yields spike

Major corporations are rushing to issue bonds as Treasury yields spike
By: market watch Posted On: January 11, 2025 View: 19

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Major U.S. companies with high-grade credit ratings rushed to issue bonds this week at a dizzying pace, as they moved to get ahead of the spike in Treasury yields that has been making borrowing more expensive.

The jump in longer Treasury yields has been weighing on the stock market, with the Dow Jones Industrial Average DJIA now at risk of giving back all its big gains in the wake of incoming President Donald Trump’s election in November.

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