Goldman sells $2.7 bln bonds ahead of CPI

Goldman Sachs Group sold $2.75 billion in the U.S. investment-grade bond market through two tranches, this considered the latest source to knock on investors, after Fitch downgraded the U.S. credit rating.

The $2.25 billion variable interest rate segment will yield a 1.03 percentage points above U.S. Treasury bonds, after initial price discussions proposed a 1.25-point rate, adding that bonds are non-refundable for two years and mature within three years.