Funding & Business
Companies Revive US Leveraged-Loan Market With $24 Billion Day
Companies rushed to tap the US leveraged-loan market for debt on Monday, leading to the market’s busiest day since January.
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Julio Callegari of JPMorgan Asset Management says stocks and bonds can continue to rally “for a while” due to the “Goldilocks” environment. Callegari discusses the market outlook on Bloomberg Television. (Source: Bloomberg)
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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
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Orix Corp.’s real estate investment unit has raised the target size of one of its funds by 33%, reflecting rebounding Japanese institutional investor demand for property market deals.
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