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So Why Did Becton Dickinson Immediately Fund A Deal That Closes Later This Year ?

CREDIT UPDATE

If we look at ICE BofA BBB $ Index and display the spread graph as Centiles we see that spreads are in the tightest 1% bracket over the past 10 years.

  • The Treasurer of BDX obviously did not want this opportunity to pass....
  • Especially with a potentially disputed US Election to look forward to. See graph.



Source: St Louis Fed and BofA

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