Apple Taps US High-Grade Bond Market

The video discusses a corporate bond sale by Apple, potentially raising over $5 billion in a five-part deal. The longest bond, a 30-year note, may yield 135 basis points over treasuries. The timing is strategic, with many issuers entering the market before key economic data releases. Apple follows Meta's recent $8.5 billion bond sale. This marks Apple's first bond sale since August, aimed at funding share buybacks and dividends, with expectations of $100 billion in shareholder returns. The proceeds will also support general corporate purposes.

What does the text suggest about the state of the corporate debt market?

What are the intended uses of the proceeds from the bond sale according to the text?