US investment-grade debt issuance tops $1 trillion on back of Fed purchases

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• US investment-grade bond issuance topped $1 trillion on Tuesday as the corporate-credit market rebounds from March lows.
• High-grade issuance on Tuesday reached $11.2 billion across 11 deals, Bank of America strategists said in a note.
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US investment-grade debt issuance tops $1 trillion on back of Fed purchases |...