| 2018-04-12 12:00:02|
12:00 04/12 04/12/18
U.S. corporate bond update: Qatar is launching a $12 B 3-part offering
U.S. corporate bond update: Qatar is launching a $12 B 3-part offering, including 5-, 10-, and 30-year tranches. Guidance on the shorter note is at +135 bps, with the intermediate at +170 bps, with the bond at +205 bps. That, and the $4 B 3-year from IADB, along with the upcoming $13 B 30-year bond reopening, as well as the strong rally on Wall Street, have pressured Treasury yields 3 to 4 bps higher.