“The New Issue calendar came in just below weekly estimates pricing $22 billion and with yesterday’s haul that brings the months total to just over $139 billion topping monthly estimates of $100 billion. Financial spreads were unchanged to 5-basis points wider.  We saw very balanced net client buying and selling for the 2nd week in a row.”

Get your updates on the credit market each week with Talking Tuesdays from Stephen L. Haas, Head of Credit Trading for AmeriVet Securities.