“Issuers rushed to the market to begin the month, but the past 2 weeks have slowed dramatically. Spreads were unchanged-to-5 basis points wider on solid secondary activity and we saw over $1.2 billion of net client buying lead by Energy, Industrials and Technology with Financials and Materials seeing net client selling.”

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