by Amruth Sundarkumar | Nov 28, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances dropped massively in a shortened week to $1.3bn vs. $20.2bn in the week prior. IG issuances stood at $750mn with Discover Financial Services being the sole issuer. The remaining $555mn in deals was from HY issuer Sabre GLBL. In North...
by Amruth Sundarkumar | Nov 21, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances were lower last week at $20.2bn vs. $39.5bn in the week prior. IG issuances dominated at $19.9bn led by Philip Morris’ $6bn five-part issuance and Thermo Fisher’s $1.2bn two-trancher. The remaining $300mn in deals were from...
by Amruth Sundarkumar | Nov 14, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
The US yield curve saw a sharp downward shift across tenors late last week after a softer than expected inflation print – US CPI came in at 7.7% for October, lower than expectations of 7.9%. Core CPI came at 6.3%, also lower than expectations of 6.5%. The 2Y, 5Y...
by Amruth Sundarkumar | Nov 7, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances were lower at $11.4bn vs. $25.7bn in the week prior. IG issuances stood at $9.85bn led by Comcast’s $2.5bn three-trancher and American Express’ $1.5bn issuance. HY issuances stood at $1.5bn with Ford raising the entire amount....
by Amruth Sundarkumar | Oct 31, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances were higher at $25.7bn vs. $15.4bn in the week prior, solely led by IG issuances with UnitedHealth’s $9bn jumbo seven-tranche deal and Goldman Sachs’ $2bn deal leading the tables. In North America, there were a total of 17...
by Amruth Sundarkumar | Oct 25, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances were higher at $15.4bn vs. $6.9bn in the week prior, with IG issuances seeing $13.3bn in deals led by Lockheed Martin’s $4bn five-trancher and US Bancorp’s $3bn dual-trancher. High Yield deals stood at $2bn with Carnival’s...
