Summary: Wall Street banks are expecting around $30 billion worth of investment-grade bonds to be priced this week, with Home Depot considering a large bond sale. Borrowing costs for issuers are favorable, with yields near their lowest since March.
Full articleSummary: Plains All American (NASDAQ:PAA) has shown significant outperformance compared to its benchmarks and peers, despite recovering from a drop during the pandemic. The company has entered a lower CapEx cycle and improved its balance sheet, leading to attractive dividend coverage and potential dividend hikes. With strong EBITDA guidance for 2024 and favorable CapEx levels, PAA remains an enticing buy with the potential for steady growth and distributions.
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