US issuance slows as first-quarter GDP contraction sheds gloom over market

By David Rothnie
26 Jun 2014

The US corporate bond market started to show signs of fatigue this week, as it drew towards the end of a frenetic quarter that has produced more than $166bn of deals.

A handful of corporate deals hit the market in the run-up to second-quarter earnings blackouts. As of Thursday, $51bn of deals had been priced in June, the fifth consecutive month in which the $50bn mark has been passed.

With blue-chip names either on the sidelines due ...

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