June 03, 2024 07:41 GMT
Supply Expectations (bbg)
CREDIT MACRO
- Expectations for €IG/HY (incl. covered) are firmer this week at ~€23b vs. ~€16.5b last week (actual €21b).
- $IG little changed at $20b vs. c$15-20b last week (actual $19b). June $IG issuance expected to slow down from $133b (c$125b) last month to c$90b in June.
- ECB on Thursday (25bp cut expected/priced), 1Q EU Unit Labour Costs & US May NFP (c+190k) both on Friday.
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