Corporate spreads are modestly tighter on the week. According to Wells Fargo, IG fund flows for the week of July 12-July 18 were +$2.5 billion. IG flows are now +$76.072 billion YTD. Per Bloomberg, $31.380 billion of new issuance priced through Friday morning. Banks led the way this week, as they issued $20bln+ in new […]

Corporate spreads have moved tighter throughout the week.  Generically, most credits are 2-4 basis points tighter on the week while the corporate index is 3 basis points tighter week over week as of Friday morning. According to Wells Fargo, IG fund flows for the week of July 5-June 11 were +$3.4 billion.  IG flows are […]

Corporate spreads moved modestly wider during the week as BBB credit continues to underperform A-rated credit. According to Wells Fargo, IG fund flows for the week of June 21-June 27 were +$1.3 billion.  IG flows are now +$69.387 billion YTD. Per Bloomberg, it was the slowest week for the new issue calendar thus far in […]

Trade concerns continued to weigh on debt and equity markets throughout the week. Spreads on the Bloomberg Barclays Corporate Index are 7 wider on the week as we go to print on Monday.  A deluge of corporate bond supply in the primary market has certainly helped to push spreads wider.  On Monday, Bayer printed a […]

There was no shortage of news in the market this week with political, economic and monetary policy events.  To top it off, on Friday morning we learned that the U.S. and China are now officially in the early innings of a potential trade war, which has pushed the debt and equity markets firmly into risk-off […]

Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of May 10-May 16 accelerated from prior weeks, with a positive inflow of $3.5 billion.  Short duration funds have registered 80% of all inflows over the past four weeks, according to Wells.  IG funds have garnered $65.764 billion in net inflows […]

Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of May 3-May 9 were positive, with an inflow of $912 million.  According to data analyzed by Wells Fargo, IG funds have garnered $60.031 billion in net inflows YTD. According to Bloomberg, $44.039bn in new corporate debt priced during the week.  […]

Fund Flows & Issuance:  According to Wells Fargo, IG fund flows for the week of April 26-May 2 were positive, with an inflow of $2.6 billion. According to data analyzed by Wells Fargo, IG funds have garnered $59.1 billion in net inflows YTD. According to Bloomberg, $21.775bn in new corporate debt priced during the week. […]

Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of April 19-April 25 were positive, with an inflow of $3.5bn, driven primarily by ETFs, which posted their largest net inflow in over a year. According to data analyzed by Wells Fargo, IG funds have garnered $56.4 billion in net inflows […]

Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of April 12-April 18 were negative, posting an outflow of $1.2bn. According to data analyzed by Wells Fargo, IG funds have garnered $53 billion in net inflows YTD, which is less than half the amount of net inflows recorded in the […]