US investment-grade bond issuance posts weakest post-Labor Day showing since 2020
AI Summary- US investment-grade corporate bond issuance recorded its weakest post-Labor Day performance since 2020.
- August issuance reached roughly $130 billion to $145 billion, versus a post-2019 average of approximately $95 billion.
- Refinancing and technology companies' artificial intelligence spending drove issuance through the first eight months.