US high-grade primary bond markets slowing

Debt sale: A sign is displayed at Morgan Stanley building in New York. The company, Goldman Sachs and Bank of America have already sold new debt following third-quarter results. — Reuters

NEW YORK: US high-grade primary markets will likely slow down next week with preliminary estimates calling for about US$15bil (RM62.26bil) of fresh supply that could include a bond sale from one of the top banks.

Meanwhile, a busy end to October is ahead for leveraged loans with commitments due for at least 17 deals.