Corporate dollar spurt too little too late
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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