The positive momentum in the US investment grade market has continued this year, with technicals and fundamentals boosting performance and a glut of Yankee issuance supporting the primary market.
“It is one of those years when investors and issuers both seem to have won, and that doesn’t happen all that often,” says Jim Probert, head of investment grade debt capital markets, Americas, at Bank of America Merrill Lynch.
“The fixed rate cost of capital is at historic lows, so it has been a great
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