Around seven companies are looking to sell new debt on Wednesday, according to a Bloomberg survey; follows primary market notching the largest volume of sales for a single session on Tuesday, at USD 65.75bln+

Context

The significant surge in debt issuance, with seven companies aiming to sell new bonds today, indicates strong demand in the fixed income market following an unprecedented volume of sales yesterday. This trend suggests that issuers are capitalizing on favorable market conditions and investor appetite, which could impact yields and overall risk sentiment moving forward.

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