by Amruth Sundarkumar | May 4, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances dropped significantly to $11.5bn vs. $47.9bn in the week prior with Investment grade (IG) corporates issuing $8.2bn of deals while high yield (HY) issuances were at $3.28bn. The largest IG deals included American Express raising $3.5bn via...
by Amruth Sundarkumar | Apr 25, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances rose significantly to $47.9bn vs. $17bn in the week prior with Investment grade (IG) corporates issuing $47.6bn of deals while high yield (HY) issuances were at nil. The largest IG deals were dominated by US banking majors after their...
by Amruth Sundarkumar | Apr 18, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
The US yield curve continued to steepen for a second straight week – the 2s10s curve steepened 9bp to 37bp. The steepening comes after the 2s10s curve inverted, reaching a low of -8bp in the beginning of April. US primary market issuances were almost flat at...
by Amruth Sundarkumar | Apr 11, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances fell to $17.7bn vs. $25bn in the week prior. Investment grade (IG) corporates took the chunk of issuances, with $13.6bn of deals while high yield (HY) issuance stood at $3.9bn. The largest IG deals were led by Take Two’s $2.7bn...
by Amruth Sundarkumar | Apr 4, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances fell to $25bn vs. $32bn in the week prior. Investment grade (IG) corporates once again took the chunk of issuances, with $20bn of deals while high yield (HY) issuance stood at $3bn. The largest IG deals were led by Corebridge...
by Amruth Sundarkumar | Mar 28, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
The yield curve continues to flatten further – the 2s10s has now flattened from 38bp in the beginning of the month to 15bp currently. US primary market issuances rose to $32bn vs. $18.5bn in the week prior. Investment grade (IG) corporates once again took the...