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Primary Market Monitor

Corporate bond demand shrinks despite high premiums

UNITED STATES - OCTOBER 6: Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021. (Photo By Tom Williams/CQ Roll Call/Sipa USA)

Elevated new issue premiums are failing to halt a slide in the demand for corporate bonds in week of big central bank announcements

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