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Bond Market News
Lumen’s Bonds Rally on AWS Partnership
November 1, 2024
Lumen’s bonds rallied by over 1.5-2 points across the curve. The company announced an agreement with Amazon Web Services (AWS) to boost connectivity and network optimization for AI-driven cloud applications across the US. Lumen will provide fiber connectivity to AWS data centers, while Lumen will use AWS technologies, including AI, ML and security solutions, to modernize its network and product infrastructure.
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