U.S. Investment-Grade Bond Supply Seen Subdued Ahead of July 4
- $10 billion to $15 billion of high-grade bond sales likely
- Firstgroup subsidiaries to sell $2 billion in leveraged loans
Photographer: Chris Kleponis/Polaris Images/Bloomberg
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New U.S. investment-grade bond supply is expected to slow to $10 billion to $15 billion next week ahead of the Independence Day holiday.
The market nears the second half of the year with spreads over Treasuries at their tightest levels in more than a decade, and investors will be watching for whether there’s any room to go tighter from here.