Wall Street syndicate desks are projecting between $20 billion and $25 billion in fresh U.S. investment-grade bond supply for next week. Issuance, nonetheless, will depend on geopolitical headlines and the status of the financial markets.
High-grade issuers priced $18 billion this week, falling short of estimates calling for about $25 billion as companies postponed bond sales in the U.S. and Europe Thursday after Russia invaded Ukraine. The military action heightened volatility in markets already contending with tightening monetary policy, partly from concern of the effects on inflation and growth.