Corporate bond week ahead: To Jackson Hole and beyond
While the European markets surprised no one in registering a blank week in terms of new corporate bond issuance, the US market pushed the upper end of expectations, going beyond $25bn. A lower total is expected next week, but the Federal Reserve symposium in Jackson Hole will mean there is still plenty to watch.
The 40th annual symposium starts on Thursday and is headlined “Fostering a Dynamic Global Economy”.
With the European Central Bank’s quantitative easing programme scheduled to end in December, there are hopes that the ECB President, Mario Draghi, will use his speech at the symposium to outline his plans for
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