#bondmarket

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    China Takes Decisive Action in Bond Market to Prevent Financial Imbalances

    In a significant move to stabilize its financial markets, China's central bank, the People’s Bank of China (PBOC), has intervened in the government bond market, ending months of speculation about potential measures to curb an overheating bond rally. The PBOC executed a strategic operation...
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    Eli Lilly Sells $5 Billion of Bonds to Fund Morphic Acquisition

    On August 12, 2024, Eli Lilly & Co. completed a $5 billion bond issuance to finance its $3.2 billion acquisition of Morphic Holding Inc., a company specializing in treatments for inflammatory bowel disease and other chronic conditions. This strategic move aims to bolster Lilly’s portfolio with...
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