Some 14 borrowers are looking to raise fresh capital in the US IG primary market on Monday, according to an informal survey of underwriters cited by Bloomberg; syndicate desks likely advised to move forward ahead of US CPI on Tuesday
Newsquawk Staff ·
Some 14 borrowers are looking to raise fresh capital in the US IG primary market on Monday, according to an informal survey of underwriters cited by Bloomberg; syndicate desks likely advised to move forward ahead of US CPI on Tuesday.
What it means
The push by 14 borrowers to raise fresh capital in the US investment grade primary market reflects confidence in market conditions ahead of the upcoming CPI release. Syndicate desks appear to seek timely deals, possibly anticipating a robust response before potential volatility from the inflation data, which could influence future rate expectations and investor sentiment.
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