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Banks drive massive high-grade bond market

Monday was second-busiest day of 2015 by number of trades, with 12 deals that raised US$14 billion

Barclays steals the show, selling its first-ever 30-year trade in US dollars.

New York

FINANCIAL institutions pushed the US high-grade bond market to its second-busiest day of 2015 by number of trades on Monday, as 12 deals raised US$14 billion - most of it for banks.

Banks in all tapped the market for close to US$10 billion, and it was Barclays that stole...

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