North America

Despite being surprisingly resilient this year, more supply might finally start to weigh on housing prices next year

Second Reverse Yankee this week as IG corporate rally shows no sign of abating

Newly upgraded issuer follows up dollar outing with euro trade as issuers cram into market

◆ Issuer stays in senior format as European peers opt for raising AT1 capital ◆ State Street adds rare tier two to funding mix ◆ Conducive market may stretch FIG issuance after Thanksgiving into December

CPI print data in the US and UK may pave the way for a more buoyant year

The Spanish lender is looking to buck the trend among European banks that have tried and failed to build a sustainable presence in US investment banking

M&A funding dominated the last full week before Thanksgiving

High beta and long duration back in demand after US inflation falls

Bank has made a number of key capital markets and M&A hires and promotions in New York, including co-heads of global capital markets for the Americas

US dollar market helped the province to raise an equivalent of five to six domestic bonds

◆ SocGen and especially UBS garner huge demand for high yielding AT1s ◆ Red-hot interest suggests more European banks could issue in subordinated Yankees ◆ HSBC and BBVA raise $2.75bn in tier two

An avalanche of corporate dollar supply surpassed expectations this week amid a strong rate rally