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Tesla leading unusual August rush to issue junk bonds before Fed ends the party

  • High-yield debt issuance is abnormally high for August.
  • Analysts attribute the increase to strong investor demand and companies' expectations for higher interest rates in the coming months from tighter monetary policy in the U.S. and Europe.
  • The window for high-yield debt issuance may be closing soon as investor demand appears to wane.
Tesla

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