CREDIT DAYBOOK AMERICAS: Financial Companies Seen Selling Bonds

Insurance broker Brown & Brown, a day after announcing a $9.8 billion acquisition, may lead Wednesday’s slate of investment-grade bond issuers even as the latest CPI report is about to be released.

• Despite the volatility that is assumed to occur when monthly consumer-price figures are released, so far this year CPI days have had an average of $5.5 billion in high-grade sales from 5.2 borrowers, Bloomberg-compiled data show
  • Core inflation is expected to show a modest gainfor May, according to Bloomberg Economics, even as some firms begin to pass tariff costs onto consumers
• Others besides Brown & Brown ...