US company credit score returns fell in August, making the bounce-back the earlier month short-lived, as price hike and recession fears brought about buyers to yank money from the asset class. In the meantime Rogers Communications succeeded in extending a deadline to purchase again $9.33 billion of bonds, overcoming objections from some buyers about phrases of the deal.

• The unfold on the Markit CDX North American Funding Grade Index, which declines as credit score danger drops, widened 0.86 foundation level to 93.2 as of seven:17 a.m. New York time, climbing for 5 straight days
• Traders went hungry in August, denied by Jerome Powell’s Federal …