AMC Closes $3.97B Refinancing, Prices 8.875% Notes
AMC completed its $3.97B debt refinancing, issuing 8.875% notes due 2031, executing new term loans, and retiring 2029 notes and credit facilities.
Bonds & Fixed Income
Explore Treasury securities, corporate bonds, yields and credit markets. Learn the relationships between bond prices, interest rates, duration and credit risk. Find your way around ECMSource.
Snowflake Prices Upsized $3.75B Convertible Senior Notes
Snowflake closed an upsized $3.75B zero-coupon convertible debt offering due 2029 and 2031 with 150% capped calls and repurchased $261.8M of 2027 notes.
AI Debt Costs Surge as 10-Year Treasury Yield Hits 5.17%
As the 10-year Treasury yield reaches 5.17%, corporate borrowing costs are surging across the $4.1T AI buildout, pushing high-yield coupons near 10%.
DICK’S Prices $1.0B Senior Notes Due 2036 and 2056
DICK’S Sporting Goods closes $1.0B senior notes offering across 10-year and 30-year tranches, securing $988M net proceeds for corporate flexibility.
AMC Launches $3.97B Financing Plan and Debt Tender Offer
AMC launched notes and loan financing totaling $3.97 billion. Here is what is marketed, committed, conditional and still unknown.
Savings Accounts vs Treasury Bills: Tax, Safety, and Liquidity
Compare hypothetical after-tax yields, deposit coverage, Treasury backing, and access to cash using primary government sources.
30-Year Mortgage Rates Cross 7% as 10-Year Treasury Hits 5%
30-year fixed mortgage rates jumped back above 7% as the 10-year Treasury touched 5% and MBS spreads widened. Here is what is driving borrowing costs.
Bank of England Holds at 3.75%: Gilts Slide on 6-3 Split
The Bank of England held rates at 3.75% in a 6-3 vote, defying the Fed’s rate hike. Benchmark 10-year and 30-year gilt yields tumbled as markets weighed inflation.
Fed Floor System: How IORB and ON RRP Set Interest Rates
Discover how the Federal Reserve’s floor system controls interest rates using administered rates like IORB, the ON RRP facility, and the discount window.
Fed Hikes Rates to 4.00%: Bond Yields and Dot Plot Reaction
The Federal Reserve raised its policy rate 25 bps to 3.75%-4.00% in a 12-0 vote, lifting 2026 dot plot forecasts to 4.1% as Treasury yields hover near 5%.