In US to buying top-rated corporate bonds that yield higher yields than government bonds.

u.s. corporate debt u.s. corporate bond issuance data u.s. corporate debt 2023 new corporate bond issues corporate debt total recent debt issuances u.s. corporate debt to gdp corporate bond issuers

Post-Labor Day corporate debt frenzy rekindles US Treasury sales
BASIS. Dollar bills are seen in this image taken on June 14, 2022. REUTERS/Florence Lo/Illustration Acquired License Rights

The influx of U.S. investment-grade companies to issue bonds after Labor Day increased renewed pressure on long-term Treasury bonds, as some investors turned to buying top-rated corporate bonds that yield higher yields than government bonds.

Offerings of at least 21 investment-grade bonds are expected to be priced in Tuesday, according to data from the International Financing Review 

Investors told Reuters they expect between $100 billion and $150 billion in new bond trading this month.