Corporate dollar spurt too little too late

By David Rothnie
31 Oct 2019

Dollar volumes proved higher than expected as the US investment grade market roared back to life following earnings blackouts, with a string of front-loaded deals ahead of the Fed’s meeting on Wednesday.

After two weeks of minimal supply bankers welcomed the return of multi-billion dollar trades from Danaher and Comcast, but it failed to rescue a lacklustre month for supply.

A total of 10 issuers printed $16bn of trades in the first three days of the week bringing October's supply ...

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