Jack PitcherUS investment-grade bond issuance is expected to pick up this week, with preliminary Wall Street estimates projecting $25bn-$30bn of new supply.
Other investment-grade issuers reporting earnings next week include Johnson & Johnson, Halliburton, Lockheed Martin, Procter & Gamble and AT&T. “Credit spreads are more volatile than at any point since the Great Financial Crisis, outside of early Covid,” Barclays strategists led by Brad Rogoff wrote on Thursday. “We expect spreads to trend wider as macro uncertainties abound and the focus turns to earnings for negative surprises.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: