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Post-Labor Day Corporate Debt Bonanza Seen At $120 Billion
This isn't going to win me the Pulitzer, but as someone who talks all day to strangers about capital markets, I'd be remiss not to mention and briefly contextualize this year's post-Labor Day debt issuance deluge.
Expectations for September IG supply are around $120 billion this year.
If realized, total high grade issuance for 2023 would be within $20 billion of the $1 trillion mark.
The updated figure above gives you some context, where in this case that means a reminder of the extent to w
