Senior unsecured market freezing up amid spread volatility
With current market conditions blocking primary issuance, secondary market activity is freezing up in senior unsecured as volatility in CDS and cash spreads makes valuation all but impossible, said bankers on Tuesday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts