Issuers sent roughly $3 billion of fresh debt into the corporate market yesterday after the week's slow start.

"The [long] bond is up pretty near the highs, and I think a lot of deals were just sitting on the shelf waiting for the next opportunity, and they got it." a source at one syndicate desk 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.