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The US dollar market buoyant this week despite escalating hostilities in the Middle East
Corporate and unsecured financial issuance unlikely to restart in earnest as yields climb
◆ New paper subordinated to existing hybrid stack ◆ Investors keen to pick up high yielding deal ◆ Deal seen as a sign of commitment to hybrid capital
Concessions climb as Middle East war rocks sentiment and Amazon redefines clearing levels
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Steel firm tightens both tranches of its €1bn trade by 40bp -
High beta corporate credit's resilience amid French state debacle shows strength of technicals in latest BofA investor survey
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Order books for the deal bulged, despite the time of year
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Borrower's deal took in €2.8bn of final demand
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Borrower receives £880m of orders, despite UK water sector's woes
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Book drops almost €2bn from peak as not all investors chase deal down
