Bank bond market braces for results — good and bad expected
The second quarter reporting season for US financial institutions begins this week and, after a week of bad newsflow, it could be the trigger for new issuance and fresh optimism — or squelch the possibility of deals altogether. Merrill Lynch, JP Morgan and Citigroup are due to report this week. To find out how the financial institutions bond market reacts read EuroWeek this Friday.
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