CREDIT DAYBOOK AMERICAS: Sales to Pause With Fed Meeting On Deck

June 15, 2022, 11:30 AM UTC

New company bond sales are expected to remain on hold Wednesday as attention turns to the much anticipated FOMC decision.

  • Wall Street firms including Goldman Sachs, JPMorgan and Barclays expect the Fed to raise rates 75 basis points, citing rising inflation expectations among Americans in looking for the largest increase in nearly three decades
    • Citigroup and Bank of America economists are among those who think the Fed will shift by 50 basis points as previously planned
  • A measure of credit risk, CDX IG, opened 2.7 basis points tighter at 96.2 ahead of the decision after crossing the 100 basis-point ...





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