CREDIT DAYBOOK AMERICAS: Relief Rally Keeps Sales Window Open

A broad relief rally in stocks and bonds could push companies to sell notes in the US on Wednesday, after President Donald Trump signaled he’s willing to ease tariffs on China and said he won’t attempt to fire Federal Reserve Chair Jerome Powell.

• A measure of perceived risk for high-grade corporate bonds fell more than three basis points in the opening minutes of trading to just under 69 basis points, according to data compiled by Bloomberg, hitting its lowest level in two weeks
• Investment-grade borrowers are seeing healthy demand for their latest offerings, with investors on Tuesday placing orders for ...