On Friday American Express Credit Corp. floated $2 Billion in 5 year paper with a yield of 7.34% -almost 20 basis points higher than the current yield for corporates on the lowest investment grade rung.
There are still buyers out there, but only for issuers who are willing to pay up.
Andrew Barber -Director
There are still buyers out there, but only for issuers who are willing to pay up.
Andrew Barber -Director
