Apple’s bonds have seen equity-like returns in the past month

MacDailyNews
Nov 30, 2023, 5:28 pm341 pts
Investors who purchased Apple Inc. bonds in October are now looking at equity-like returns, as prices have climbed while spreads have tightened as Treasury yields fell. Ciara Linnane for MarketWatch: ‎ Hopes for one or more rate cuts by the Federal Reserve in 2024 have sparked a rally in Treasurys that has…

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