Despite yesterday's yawner of a new-issue session, May could see $20 billion of new paper.

"We could have a pretty ho-hum week and still come close to $20 billion for May," Michael Bassett, a vice president at Stone & McCarthy Research Associates, said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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