The Mumble: Reasons to be fearful

April 05, 2012 12:00 AM

There is no doubt that a lot of SSA bankers will have finished the first quarter barely able to conceal a grin about how unexpectedly well the market has functioned this year. It would be hard for some not to anticipate a similar pace of issuance if not spread tightening for the next three months but that does not mean bankers and issuers can afford to put their feet up for just yet.

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