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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
Data
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Supply chains under renewed pressure as Europe teeters on edge of recession -
Deal pipeline uncertain as fresh volatility erupts from China’s distressed property sector
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The riskiest of investment grade issuers find themselves the belles of the ball
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Issuance not expected to return until the final week of August
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Turbine customers see little debt market blowback despite potential for major operational disruption
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Fund manager says asset class is mispriced by over 100bp
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