Bond Sales Rush Fueled by Companies Wary of More Market Turmoil

Companies have started a dash for funding, looking to shore up their balance sheets before the next outbreak of market turmoil.

As sentiment has stabilized, bond issuance is picking up. Debt sales in Europe from investment-grade companies and financial firms have already hit the highest weekly total since February, while the US high-grade market’s $24 billion has nearly matched last week — both in just two days. In Asia, borrowers are returning with deals originally planned earlier in the month.