China Oil Firm Cancels Bond Sale amid Global Market Turmoil
Spikes in borrowing costs following a meltdown in Japanese bonds and a selloff in U.S. Treasuries have prompted at least one Asian borrower to shelve plans to raise funds, underscoring how renewed volatility is rippling through credit markets.
Spikes in borrowing costs following a meltdown in Japanese bonds and a selloff in U.S. Treasuries have prompted at least one Asian borrower to shelve plans to raise funds, underscoring how renewed volatility is rippling through credit markets.
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