U.S. companies and local governments delay bond offerings

06/24/2013 | Reuters · Wall Street Journal, The

Uncertainty about interest rates is undercutting demand by bond buyers and forcing borrowers to postpone offerings. A half-dozen deals aimed at raising more than $300 million have been pulled from the municipal bond market. Four days have passed without a single high-yield or investment-grade offering coming to the corporate-bond market.

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Reuters · Wall Street Journal, The

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