IBM Bond Sale Kicks Off Buying Frenzy Amid Turbulent Markets

The video discusses the high demand for bond offerings, highlighting examples of oversubscription, such as Bristol Myers. Despite market volatility, there is strong conviction from issuers and underwriters to proceed with large bond sales. Credit spreads have been rallying, and timing is crucial as the market approaches summer.

What was the final number of orders mentioned in the text?

What is the significance of the $20 billion offering mentioned in the text?

What does the term 'oversubscribed' mean in the context of bond offerings?

How does the demand for the bond offering compare to previous offerings mentioned?

What factors contribute to the strength of conviction in the bond market despite volatility?