One issuer is expected to tap the US investment grade primary market on Wednesday, according to an informal survey of underwriters cited by Bloomberg; many participants on the side-lines during earnings blackout

The anticipated entry of a major issuer into the US investment grade primary market indicates a potential increase in supply, especially with many investors sidelined during the earnings blackout. This could hint at improving conditions for new issuance, but it also raises questions about market capacity and investor appetite, especially if interest rates remain a concern. Watch for how this may affect spreads and overall risk sentiment in the market.