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Bond investors are snapping up fossil fuels despite sustainability talk
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fnlondon.comWall Street’s embrace of sustainable investing isn’t slowing bond sales in the energy sector.
Surging oil and natural-gas prices have investors piling into the debt of energy companies, pushing down borrowing costs and prompting a flood of new bond issuance. US oil prices hit multiyear highs near $85 a barrel last week.
So far this year, speculative-grade...
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