Wilting consumer confidence set the stage for an issuer rush yesterday, but few turned out for the show.

"It's pretty sparse for this level of rates," Mike Bassett, a vice president at Stone & McCarthy Research Associates, said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.