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Stock impact report

US Blue-Chip Bond Issuance Reaches Second-Highest Level Ever [Yahoo! Finance]

General Mills, Inc. (GIS) 
Last general mills, inc. earnings: 3/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generalmills.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg New York's Transit Agency Approves $9 Congestion Toll Paris to Replace Parking Spaces With Trees In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture Blue-chip companies have sold $1.417 trillion of high-grade bonds in the US this year, according to data compiled by Bloomberg News. That volume surpasses 2021's $1.411 trillion, before the Federal Reserve raised interest rates to tame inflation. The record for issuance was $1.75 trillion in 2020, when the US central bank cut rates back to zero to help stimulate the economy during the pandemic. The average yield on a high-grade company bond was 5.25% on Friday, according to Bloomberg index data. That's slightly below the mean for the high-grade index since mid-2022, when the Fed's rate hiking campaign was just getting started. Companies have just handful of days l Show less Read more
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