Europe Has Busiest Day of Bond Sales Since Early May.

Europe's bond market experienced its busiest day of debt issuance since May, with 17 issuers selling a total of 23 tranches. This week's total sales reached €45.8 billion, the highest weekly total since early September. The rush in bond sales follows falling credit risk gauges and tight spreads, as markets rallied after a soft US inflation print. The bonds sold were well-received by investors, with many companies taking advantage of the opportunity to secure funding at a lower cost. [Extracted from the article]