Outlook 2023: Are bonds back?
Scotiabank Market Points
00:00
The Canadian Bond Market in 2022
corporate borrowers pulling back their bond issuance volumes given the rising costs of funding, which was driven by spreads migrating higher rates. Tenors also a slightly different breakdown in terms of the new Shri calendar for us here in the US. That's effectively in line with what we saw on the Canadian side where financials dominated the supply picture in 2022. And finally, ESG, here's theme in the US, which continues to build out and play in a very visible manner, but also was equally impacted from a volume perspective.
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