FIG primary on edge but ready for right deals at right prices
The FIG market was gripped by a bout of volatility this week, causing new issue premiums to rise and order books to shrink. But primary markets will still be there to support the growing number of financial institutions exiting earnings blackouts.
Volatility has crept back into FIG credit spreads because the market has begun to fear that Marine Le Pen could win the French presidential elections in late April and early May.
A victory for Le Pen would cast doubt over the future of European integration, as she
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