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◆ Deal attracts highest bid-to-cover ratio of the year so far ◆ Extensive marketing helps fuel demand ◆ Pinpointing fair value tricky
◆ First Reverse Yankee hybrid of 2026 ◆ €7bn peak book for euro tranche ◆ US issuers increase European market presence
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How investment banks profit when clients can’t shop around, and why their clients should be grateful
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Falling interest rates push spreads wider
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Inflationary risks are rising again — luckily central banks are still driving rates south
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Bumper September brings post 2020 peak
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Ratings and covenants begin to show strain of fire safety and insulation costs
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US election and earnings blackouts slam breaks on busy year
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