Big tech targets bond market for cash to buy back sinking stocks | Economic Times

Big tech targets bond market for cash to buy back sinking stocks https://ift.tt/xh4w1kJ companies in the high-grade market spent the past decade binging on debt and pushing ratings down to the last rung of investment-grade. Now, as an economic downturn looms, the average blue-chip company is expected to be in balance sheet repair mode, according to Bank of America strategist Yuri Seliger.