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Tuesday, May 15, 2018
Tax Changes Force Cash-Hoarding Companies to Sell Bonds
Bloomberg Tax Changes Force Cash-Hoarding Companies to Sell Bonds Bloomberg Cash-rich companies that had been some of the biggest buyers of corporate bonds have started selling their holdings after tax law changes, according to Bank of America Corp. strategists. Companies like Apple Inc. reduced their corporate bond portfolios ......(read more)
from Around The Web https://ift.tt/2IigDpz
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via IFTTT
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