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Supply Expectations (bbg)

CREDIT UPDATE
  • $IG at $25b down from $30b last week (actual $31.5b)
  • € & £ IG/HY (incl. covered) at ~€15.5b, down from ~€18b last week (actual €15b)
  • IG cash closed flat across both regions despite spread compression further down in HY. Small outflows continued in $ETF's to end the week.
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  • $IG at $25b down from $30b last week (actual $31.5b)
  • € & £ IG/HY (incl. covered) at ~€15.5b, down from ~€18b last week (actual €15b)
  • IG cash closed flat across both regions despite spread compression further down in HY. Small outflows continued in $ETF's to end the week.