There are six potential borrowers looking to raise US IG capital on Monday, but at least half are expected to stand down as geopolitical tensions rise after failed negotiations over the weekend between Iran and the US, according to Bloomberg survey

This headline signals heightened geopolitical risk stemming from failed negotiations between Iran and the US, which may discourage potential borrowers from accessing the US IG capital market. The expectation that at least half of the six potential borrowers will stand down suggests a cautious sentiment, likely to influence fixed income spreads and overall risk appetite in the market.