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◆ Siemens burst out of the gate with five tranches ◆ Rarely spotted floating rate note sees good demand ◆ More multi-tranche trades expected this week
Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
Issuer takes size at a competitive price on first foray into Swiss francs
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Troubled company drums up big response with high spread market return -
European market seeking clues on the Fed’s next rates decision
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Issuers both land big books as market quickly shrugs off French election volatility
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Silfin also lines up a deal as French politics opens primary market wide
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Hung parliament seen as best outcome for bond issuers, even if swing to left was unexpected
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Spread pressure will rise as earnings return to growth for the first time in five quarters
