Global Credit Market Seizes Up as Coronavirus Halts Bond Sales

Global corporate bond market door slammed shut on Coronavirus fears and uncertainty. Source: Yahoo Finance (Bloomberg) — The global credit machine is grinding to a halt. The $2.6 trillion international bond market, where the world’s biggest companies raise money to fund everything from acquisitions to factory upgrades, came to a virtual standstill as the coronavirus…

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Corporate Debt Issuers to Kick Off Sales With Up to $35 Billion

Historically, the majority of January debt sales comes from the financial sectors as banks try to fulfill their funding needs following earnings releases. Source: Bloomberg News (Bloomberg) — Sales of U.S. high-grade bonds will total between $30 billion and $35 billion next week, according to an informal survey of dealers at some of Wall Street’s…

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