The Light of September Supply Since Two Thousand 11 - And Lightest by a Wide Margin

There's no doubt that we're seeing that right now, with issue ins falling almost half as much as expected. And so as investors have this money that they've earmarked to put to work this month, during the last seasonally heavy issuance time of the year, there is some bidding for credit spreads. So itl makes a lot of sense to me that credit has been well bid here, but it's likelyt that supportis going to run out.