Corporate issuers shelter from bond market storms — but for how long?

Unseasonal storms are lashing the European corporate bond market. It is not that investors have fundamentally lost faith with it, but the turbulence in secondary trading is putting both them and issuers off. Hence banks’ go/no go calls with potential issuers have nearly all led the issuers to hold their fire. But while it is a good thing they have choice in funding, they cannot hide from the market for ever.