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2023-09-12
Borrowers in the $10tn US corporate bond market
... are shying away from longer-term debt in a bet that soaring borrowing costs are unlikely to last.
Many are hoping that borrowing costs will have fallen when they come to refinance their shorter-dated debt.
FT 12 September 2023
https://www.ft.com/content/3846fc4a-c2b3-405c-80ae-d7ef1e5f4bf4
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