US companies use hot markets to slash borrowing costs on risky loans
Repricing activity hits record high of $153bn in July in latest sign of investor optimism
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Companies speed up debt raising plans amid market volatility
Corporates try to take advantage of market rebounds rather than risk further turbulence or US midterm elections
EM companies rush to global debt markets as risk premium falls to near 20-year…
Banks and companies in emerging markets outside China are issuing debt at the fastest pace since 2021
European bank shares hit highest levels since 2008
A surge in long-term interest rates and economic optimism has lifted the region’s lenders
Have markets already tightened the screw enough?
March’s hawkish communications in Europe have had the effect of tightening monetary policy
Short rates have overshot
Plus the social media lawsuits
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses