CREDIT DAYBOOK AMERICAS: Clouds Emerge as Bond Sales Pick Up

US investment-grade bonds are poised for another active day of sales, following the second-busiest Monday of 2025 and despite spreads reaching four-month highs.

• Standard Chartered began marketing a perpetual bond overnight, following a string a overseas-based banks the past week to issue high-grade dollar notes
  • There were $34.5 billion of bonds that priced on Monday, half of volume from Alphabet’s eight-part deal
  • In addition, four firms sold a combined $4.26 billion of US junk bonds, the most since Sept. 30
• But the primary market could be getting a little less hospitable as earnings season is coming to an end
  • Average ...