Don’t Lose Sight of the Forest - High Quality Credit Spreads
Macro Horizons
00:00
New Issue Concessions in Primary Markets This Year
Primary market executions have been elevated this year. We've had double digit new issue concessions on average in every month since February. But that's gotten a lot better in recent weeks. This week is the fourth week in a row where we've seen concessions averaging just single digits, which by historical standards isn't all that impressive.
Transcript
Play full episode
