Investment Grade Bonds Power Explosion in M&A
September 03, 2015 at 15:45 PM EDT
New bond issuance in the US investment grade (IG) market has exploded in 2015 as companies look to finance mergers and acquisitions (M&A), and Invesco Fixed Income sees no signs of this trend slowing down through the end of the year. This has consistently weighed on US IG credit spreads this...