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04.05 - 12:31
As Bond Market Turbulence Eases, Companies Borrow Again
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Trading in U.S. government bonds has become much less volatile in recent weeks, helping fuel a rebound in corporate borrowing after a chaotic stretch that followed Silicon Valley Bank’s collapse in early March.
Yields on U.S. Treasurys, which fall when bond prices rise, are down sharply since the run on SVB, but their transition has occurred over two distinct phases.
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