FIG market pauses for breath — but for how long?

As predicted last week following a busy month of issuance, the FIG market has been taking a bit of a breather in the last few days. The Tuesday following the holiday in the US and UK was not marked by the rush of issuance that has been seen in the days after previous holiday weekends. While some have predicted this is likely to be a short term lull, others have suggested that this low level of activity will continue well into the summer months. To find out which is true, go to euroweek.com on Friday.