US high yield retreats from post-crisis tights

High yield spreads have widened by 25bp in the past week as the rise in Treasury yields dents fixed rate products, although the market remains at historically tight levels.

  • By David Bell
  • 10 Oct 2018
A rise in US Treasury rates over the past week has dented short term sentiment on the US high yield market, with investors pulling a record $1.6bn from exchange traded funds tracking the sector on Tuesday. The outflows of $5.36bn in the year to date are the biggest ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 5,767.46 29 6.76%
2 BNP Paribas 5,717.79 39 6.70%
3 Deutsche Bank 5,679.95 31 6.66%
4 JPMorgan 5,537.01 25 6.49%
5 Goldman Sachs 4,305.16 24 5.05%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 2,970.40 18 7.84%
2 Citi 2,783.23 20 7.35%
3 BNP Paribas 2,674.33 25 7.06%
4 JPMorgan 2,522.43 19 6.66%
5 Goldman Sachs 2,198.98 18 5.81%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,420.99 125 10.06%
2 Citi 13,883.41 115 9.06%
3 Bank of America Merrill Lynch 11,558.58 98 7.54%
4 Goldman Sachs 11,257.39 86 7.34%
5 Morgan Stanley 8,872.63 68 5.79%