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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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Final burst of issuance struck this week before expected dearth begins -
Secondary holding up after unexpectedly busy week
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Car company lands inside euro curve with single digit premium
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Demand for both trades was high despite coming from an unfamiliar borrower and sub-benchmark size
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Merck and BMW print €3.3bn ahead of the autumn rush
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Little case for widening as political flashpoints and volume worries pass
