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Companies held firm in the face of a US Treasury sell off to push supply close to its highest ever amount for August
Bank exposures and rated data centre financings look manageable, but the central bank warns of risks as private credit’s role expands
Issuers could rush out early as autumn pitfalls loom
Data
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◆ US connector producer brings five year deal ◆ Books peak above €4bn and stay firm ◆ Corporate supply slows as volatility keeps issuers on the sidelines
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Poste will not borrow for the cash component
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Former corporate’s green deal will be first under new state guarantee regime
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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
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Issuance was packed into the first half of the week ahead of a heavy central bank policy meeting schedule
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A slow destruction of misallocated investment is more likely than a sudden stop
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