THE WALL STREET JOURNAL writes (posted on

Goldman Sachs Group Inc. bankers were marketing bonds for Verizon Communications Inc. and Exxon Mobil Corp. on Tuesday when investors countered with an offer: If Goldman were interested in raising some cash for itself, they would be interested in buying.

Goldman did just that, issuing $2.5 billion of bonds due in 2030 at 3 percentage points over a government rate. It was a player two ways — issuer and underwriter — when the window briefly cracked open for blue-chip companies to raise cash by selling bonds. By Wednesday morning, the window had shut again, with far fewer deals in the market, bankers and investors said.

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