CREDIT DAYBOOK AMERICAS: US High-Grade Sales Near $1.5 Trillion

Nov. 12, 2025, 12:30 PM UTC

US bond markets will reopen Wednesday after the Veterans Day holiday, with this year’s high-grade issuance on the brink of reaching $1.5 trillion for just the second time.

  • 2024’s volume was $1.496 trillion, according to data compiled by Bloomberg News, and Monday’s $19.3 billion of issuance put this year’s total at $1.494 billion
  • In leveraged loans, a dual-currency transaction has been launched to help fund the LBO of French diagnostics firm Sebia
  • Private companies are struggling to generate enough cash to manage mounting liabilities, handing management duties to their lenders in the highest numbers in at least six years ...

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