U.S. investment-grade primary markets are set to pick up next week, with preliminary Wall Street estimates calling for about $20 billion of sales.
Traders will be watching for additional bank bond offerings, after Bank of America Corp. and Morgan Stanley sold new debt following strong earnings reports this week. Issuance is expected to be skewed toward the financial sector, albeit with more corporates involved as firms emerge from earnings blackouts. JPMorgan Chase & Co. and Citigroup Inc. are candidates to sell bonds before year-end, according to Bloomerg Intelligence analyst Arnold Kakuda.
"Market" - Google News
October 17, 2021 at 03:00AM
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Credit Market Calendar: High-Grade Bond Sales of $20B on Tap - Bloomberg
"Market" - Google News
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