Deere sold 30-year bonds at a record low of 2.877%

Author: Adam Button | Category: News

That's some cheap money

Agricultural equipment maker Deere sold 30-year bonds at a record low of 2.877% yesterday. It's a remarkably low rate to get money for 30-years and smashes the previous low of 3.197% set by Disney in 2016.

At some point you have to believe that companies will use rates this low to invest but there's no sign of it yet.


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