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Bloomberg Markets

BofA Sees Record May for High-Grade Sales, Topping $190 Billion

BofA Sees Record May for High-Grade Sales, Topping $190 Billion
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Bank of America Corp. expects this May to be the busiest since the Covid-19 pandemic for US investment-grade corporate bond sales, as companies rush to raise capital before rising oil prices and a strong US economy can weigh on borrowing costs.

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Bloomberg Markets

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