Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C., on February 27, 2024. Photographer: Moriah Ratner/Bloomberg. The Marriner S. Eccles Federal Reserve building in Washington, D.C., on February 27, 2024. Photographer: Moriah Ratner/Bloomberg.

U.S. companies stormed debt markets on Monday following the Federal Reserve's decision last week to begin lowering its benchmark interest rate, pushing borrowing costs down.

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