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Lull in dollar corporate supply supports spread levels
Red-hot corporate hybrid bond market could tempt more debut issuers
◆ Pearson pays up to reopen UK sterling paper ◆ Investors hungry for scant sterling supply ◆ Fellow UK media firm Informa opts for euros
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Jumbo M&A related financing is one of the biggest trades of 2023 -
Mandates line up with BBB- rated issuers pouring into market
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Higher rates and name recognition fuelled the tightest corporate print since June
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Deluge of deals coming, but demand could quickly become exhausted
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Fears of contagion from Chinese defaults yet to shake sentiment
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The former Credit Suisse banker will start his new role next week
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