Most issuers are expected to hold off on raising fresh capital in the primary market for the second consecutive day as the war in Iran shows no sign of de-escalation, according to Bloomberg citing an informal poll of syndicate underwriters

• After fifteen issuers elected to stand down on Monday, dealers expect a similar session Tuesday as syndicate desks will likely wait until some stability returns to the market

This headline indicates a continued hesitation among issuers to access the primary capital market due to ongoing geopolitical tensions in Iran, reflecting a risk-averse sentiment. This pause in capital raising could signal a broader concern about market stability, possibly affecting liquidity and yield dynamics in the fixed income space, as underwriters await a clearer picture before moving forward.