Some Harvard bonds hit near record low as Trump tensions mount
LONDON (Reuters) -Harvard University's bonds, which are part of the Ivy League school's $8.2 billion debt pile, struggled on Friday amid an increasingly fraught standoff with U.S. President Donald Trump's administration. Its bond prices have been falling sharply since March when the U.S. Education Department sent letters to 60 U.S. universities, including Harvard, warning them of cuts in federal funding unless they addressed allegations of antisemitism. Friday's moves were modest but included Harvard's 3.15% 2046 bond dropping to a near-record low 66.5 cents on the dollar, effectively a discount of a third on its face value.
Reuters
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56 minutes ago
