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Outlook 2023: Are bonds back?

Scotiabank Market Points

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The US New Issue Volume Outlook for 2023

Foddy: For this year, we're looking at volumes to come down more in a historical average. But I think there's still a big question mark as it relates to how corporates are going to respond in 2023. We think that the rate volatility normalizing and the hiking cycle winding down, 2023 is likely to be a much more actionable year for issuers.

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