Holidays on Hold as Bond Market Defies Usual August Slowdown
- Treasurers racing against Fed, politics gorge on borrowing
- Appetite endures for Amazon, BAT but others see pushback
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August doldrums they ain’t.
Beaches are far from the minds of many company treasurers this summer as they focus instead on crowding into bond markets, as rising Fed rates and explosive White House politics inject refinancing plans with a sense of urgency.