The Mumble: EU deal may not come easy

The European Union and the International Finance Corporation (IFC) are the only two names at the front of the SSA pipeline for next week, it seems. Both borrowers’ recent deals have been well executed and both possess the sort of clout to reassure markets in tough times. But the recent volatility means the EU in particular will have to be at its vigilant best if it pushes ahead with a pricing next week.