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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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Troubled company drums up big response with high spread market return
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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