SSAs bathe in dollar support from swooning investors
Sovereign, supranational and agency issuers luxuriated in supportive dollar debt markets this week as investors — including a new wave of bank buyers — shrugged off recent concerns over the US rate outlook.
The benign conditions saw Caisse d’Amortissement de la Dette Sociale attract its record volume of orders, while the European Investment Bank took the opportunity to end its long absence from the 10 year sector since 2011.
So popular was Cades’s three year on Wednesday that central banks
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