1433 GMT - Long-term access to capital markets is likely to be one factor behind Alphabet's decision to issue a 100-year sterling bond earlier this week, Thornburg Investment Management's Christian Hoffmann says in a note. "Google could be thinking several things, such as that there are tax considerations or questions about their long-term access to capital markets and their ability to refinance even at low spread levels," the head of fixed income says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 12, 2026 09:33 ET (14:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.