Sony is making a significant return to the US investment-grade bond market after nearly three decades, with plans for a multi-billion dollar offering. This move comes as companies rush to secure funding amidst expectations of potential interest rate hikes by the Federal Reserve. The tech giant’s decision also reflects a broader trend of Japanese firms seeking dollar-denominated debt as domestic rates rise.
US bond yields back to ‘normal’; AI needs a reality check, says Ed Yardeni
Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes