January 17, 2025 16:09 GMT
MNI Credit Weekly: Let the Good Times Roll
Conditions in primary remain incredibly favourable for issuers and reveal where the clearing price is – tighter.
- Conditions in primary remain incredibly favourable for issuers and reveal where the clearing price is – tighter. Negative NICs are repricing secondary curves tighter in many cases.
- Softer-than-expected CPI prints both sides of the Atlantic gave some reprieve to government bond markets after a weak start to 2025.
- Fund flows continued to remain in mild inflows for both US and Europe with only local HY turning to small outflows.
- Primary remained elevated this week, just shy of last week’s total. Expectations for next week are lower as many issuers head into their quiet periods.
Full piece; 25.01.17 MNI Credit Weekly.pdf
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