The market can expect $3.25 billion in new volume this week, showing issuers still plan to borrow despite fears prompted by the endless debate about raising the federal debt limit. Issuance will be down from last week’s revised $4.6 billion.

And while the calendar appears relatively full, some market participants are wary. On Friday, sources said what does or does not happen in Washington over the weekend could play a big role in what happens this week.

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