Western new year rally pushes into Chinese new year as demand holds

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Western new year rally pushes into Chinese new year as demand holds

Chinese New Year 2018
(180220) -- TAIZHOU, Feb. 20, 2018 (Xinhua) -- A man dressed as the God of Wealth sends present to a tourist in Taizhou, east China's Jiangsu Province, Feb. 20, 2018, the fifth day of the Chinese lunar New Year which is believed to be the birthday of the God of Wealth. The "God of Wealth" is believed to bring fortune to people. (Xinhua/Tang Dehong) (wyo) | Tang Dehong/Xinhua News Agency/PA Images

When the Western world returned to its desk after being glad to be rid of 2018, corporate bond issuers approached the market cautiously and bankers ensured that deals were sensitively executed. Those approaches brought successful deals and the market has not looked back since. As the Chinese calendar gets set to turn to the year 4717, the market is hoping that this run can be extended.

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