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Investing in Initial Republic Financial institution company financial debt signals a increase in bearish sentiment for the lender in the weeks primary up to its initial-quarter earnings update on Monday.
Yields on Initial Republic Bank’s FRC 4.375% 2046 bonds steadily climbed in early April to nearly 10% on April 16, up from about 9% early in the month, according to BondCliQ, a facts-solutions provider.
At…
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