Winter blues hit bond markets as investors get cold feet


January is traditionally the busiest season for corporate bond issuance, prompting new year expectations of a buying frenzy and the potential for a glut in supply. But this year was different. New-issue volumes in both the US and Europe were underwhelming versus expectations and investors paid closer attention to getting the right pricing and the right covenants in their bond indentures over and above simply buying the market.

In the US, despite some record-breaking days of issuance in the fi

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: