Overnight borrowing costs for companies fell to the lowest levels in almost two weeks yesterday in a sign that Wednesday's global interest rate cut and the Federal Reserve's commitment to buy commercial paper may be helping to thaw the short-term debt market. -
One Credit Indicator Shows Signs of Thaw
Overnight borrowing costs for companies fell to the lowest levels in almost two weeks yesterday in a sign that Wednesday's global interest rate cut and the Federal Reserve's commitment to buy commercial paper may be helping to thaw the short-term debt market.-
By Bryan Keogh