No potential borrowers are looking to tap US IG primary market on Friday, according to Bloomberg citing poll of underwriters; Dealers expect c. USD 20bln of sales next week with companies still in the earnings blackout period

The lack of borrowers in the U.S. investment-grade primary market today suggests a temporary pause in issuance, likely influenced by the ongoing earnings blackout period. However, dealers anticipate around USD 20 billion in sales next week, indicating that demand remains solid despite current market conditions. This scenario may affect spread dynamics and investor appetite for duration in the near term.