Apple $6.5bn bond sales fuel speculation US set to raise interest rates
AN Apple $6.5bn bond sale has fuelled speculation that the US is set to raise interest rates, Bloomberg reported.
The iPhone maker has issued $6.5 billion of debt, locking in its borrowing costs for three decades.
The sale follows a drop in benchmark Treasury yields, with US 30-year yields falling to a record last week.
A similar bond sale in 2013 coincided with the record low in company borrowing costs.