All Markets
-
Credit markets might be too positive – possibly good window for issuers and investors
Credit markets might be too positive with spreads close to 25-year lows. Might be a good opportunity for issuers and investors.
-
NVIDIA’s $25 billion deal shows excellent markets for issuers
NVIDIA issued a $25 billion bond deal. It got $85 billion of orders for the deal. Spreads were also meaningfully tightened during…
-
Watch for strong issuance in June ahead of summer holidays
Many issuers may issue in June – ahead of European and then US summer quiet periods. This effect may be amplified this year.
-
Ultra-high hyperscaler credit issuance could saturate global credit markets
The hyperscalers project around $750 billion of capex for 2026 as AI infrastructure race gathers steam. Other credit issuers should plan for…
-
The Fed might actively raise long term rates instead of raising the Fed funds rate
For credit issuers and investors – evaluate locking in medium/long-term rates now
-
Goldilocks credit markets – as high rates create strong demand without widespread credit fears
High interest rates are creating excellent credit markets for issuers and investors.
-
US economy doing well – high ISM raises the chances of higher rates
Data from surveys from industry (like this PMI Manufacturer’s survey) and employment data has held up well, while inflation is increasing. This…
-
Pemberton raises €3.4 billion for its latest private credit fund
European private credit continues to grow – in size and sophistication. The fund invests in European strategic opportunities for mid-market companies.
-
$36 billion mega private credit deal in the works by Apollo and Blackstone to buy chips for Anthropic
This deal markets an important milestone in the development of private credit markets. The size, complexity and duration of the deal are…
-
Private credit’s increasing sophistication – Apollo’s ATLAS provides $300 million of funding to Northwind
This type of transaction helps get capital deployed from very large asset managers to specialists – in this case a US commercial…