The U.S. Dollar Index (ticker: DXY) has gained almost 10% this year. One driver has been that the global economy has suffered as a result of high inflation, sending global investors into safe haven assets like the dollar. As the 10-Year Treasury yield surged this year, the gap between that yield and the German 10-Year Bund yield widened to about 2.1 percentage points at one point. Read More...
Benzinga
Apple Seeks To Raise Money Via Debt For Buyback And Dividends
Apple Inc. (NASDAQ: AAPL) is planning to raise debt via four different notes, with the most extended portion of the offering being 40-year security. The four notes are for the period ending 2029, 2032, 2052 and 2062. The longest portion of the offering, 40-year security, may yield around 150 basis points over U.S. Treasuries, reported Bloomberg citing a person familiar with the matter. The company intends to use the proceeds for general corporate purposes, including common stock repurchases and
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