Credit traders’ kickstand: weaker mood, but primary drive strengthens
The primary market for high yield bonds is open again, after a pause around the US holiday on Monday, with issues in Europe today from the likes of SIlgan and Catalent striking a bullish tone and setting the scene for an expected flurry of deals next week. But this comes as credit generally weakens, with concerns about the spread and reappraisal of coronavirus cases causing spreads to push back from their recent tights
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- Barings launches legal proceedings against Corinthia and two senior defectors 16 hours ago
- CVC leaves triple As unchanged in rare reset 18 hours ago
- CLO round-up: mid-March 2024 3 days ago
- Barclays raises 2024 US BSL CLO new issue forecast 3 days ago
- Blackstone keeps up the pace with third new US CLO of 2024 3 days ago
Funds
- Barings launches legal proceedings against Corinthia and two senior defectors 16 hours ago
- Global corporate defaults on fastest pace since 2009 according to S&P 4 days ago
- Forward flow structures drive surge in private structured finance issuance 4 days ago
- DWS expands in London with new senior investment manager role 4 days ago
- Nomura-backed Corinthia lifts private credit team from Barings 6 days ago