24.1.11

Goldman's Long Bond Shows Inflation Concerns Are Waning

Goldman Sachs Group Inc.’s first sale of 30-year bonds in more than three years signals waning investor concern that inflation is accelerating.
The fifth-biggest U.S. bank by assets received $9 billion in orders for its $2.5 billion of notes sold on Jan. 21, according to Mizuho Securities USA. The 6.25 percent senior bonds yield 170 basis points more than similar-maturity Treasuries, at the low end of a 5-basis-point range marketed by the New York-based firm, data compiled by Bloomberg show.

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http://www.bloomberg.com/news/2011-01-23/goldman-sachs-bond-sale-signals-inflation-concerns-waning-credit-markets.html

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