Big Tech

Amazon Deal Drives US Corporate Bond Sales to One-Day Record

Amazon packages in New York.

Photographer: Michael Nagle/Bloomberg

The US corporate investment-grade bond market posted its largest dayBloomberg Terminal on record as companies including Amazon.com Inc. issued nearly $66 billion of new debt.

The record comes despite uncertainty over the widening Middle East conflict and its potential impact on the US economy, which has at times halted new issuance since last week and compressed deal activity into brief windows of stability.