Miner Company
Foreign demand for US corporate bonds rises as investors favor tech over financials, Citigroup says
Foreign demand for U.S. investment-grade corporate bonds has remained strong for 15 consecutive months, according to Citigroup, as overseas investors rotate into technology, media and telecom (TMT) debt, as well as longer maturities, while moving away from financial bonds.
Foreign demand for U.S. investment-grade corporate bonds has remained strong for 15 consecutive months, according to Citigroup, as overseas investors rotate into technology, media and telecom (TMT) debt, as well as longer maturities, while moving away from financial bonds.