Goldman Sachs began issuing high-rated bonds after announcing record stock trading revenue, which coincided with lower than expected US inflation boosting the credit market. According to people familiar with the matter, Goldman Sachs is promoting three parts of US dollar bonds. The term of the bonds ranges from 6 to 31 years. The initial price guide for the longest term bonds is about 135 basis points higher than the yield on US Treasury bonds. The results announced by Goldman Sachs on Tuesday far exceeded market expectations, and its stock business hit a record high for the third consecutive quarter. The revenue for the past three months alone is more than the sum of the four quarters of the business for the full year of 2019.

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