Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on January 12, 2020, 08:45:41 PM

Title: Bitcoin Jumps While Low Interest Rates Drive 2nd Largest Corporate Debt Issuance
Post by: cheezcarls on January 12, 2020, 08:45:41 PM
The largest corporate debt issuance of all time happened this week, with $69 billion trading hands. The debt represents companies offering investors high-grade bonds with later maturities to increase liquidity — and might even help boost Bitcoin.

The $69 billion figure falls just short of the record of $76.2 billion from September of last year. The sales at that time were charged largely by the impending Federal Reserve movement to reduce interest rates.


Read the full news here (https://beincrypto.com/bitcoin-jumps-low-interest-rates-drive-second-largest-corporate-debt-issuance/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)