US corporates dominated the primary market for high-grade bonds in the week ending July 29. They accounted for 42.7% or $14.0 billion of all the issues.
Bernstein asked a rhetorical question: “Could there be anything that suggests extreme risk aversion more than the increasing proportion of global sovereign bonds that have negative yields?”
Commonwealth Edison Company is a unit of Exelon Corporation (EXC). It issued A2/A- rated high-grade bonds worth $1.2 billion through two parts on June 20.
