Asian stocks opened higher, with South Korea leading gains, while crude oil fluctuated amid mixed Middle East signals. Strong tech earnings supported US equity futures, which traded with caution after record highs. Markets reacted optimistically to President Trump’s statement on guiding ships through the Strait of Hormuz, though Iran issued a warning.
Companies give Bond Street a pass, take bank route for funds
Corporate borrowers are increasingly favoring bank loans over bond issuances as rising capital market yields diminish the cost advantage of bonds. Spreads between bank lending