Capital markets signaling broader tightening of financial conditions
Capital markets activity in the U.S. has slowed considerably this year. In 2020 and 2021, total debt and equity issuance for corporates reached $2.6 and $2.2 trillion, respectively. To-date in 2022, issuance is down 56% to $980 billion. As a result, firms have found it more difficult to obtain financing ...
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