The Bond Buyer’s weekly yield indexes rose this week amid light trading in the secondary market, as a flood of issuance in the new-issue market captured participants’ attention and focus.

“It was very much a new-issue driven week, and [the deals have] done well,” said Evan Rourke, portfolio manager at Eaton Vance. “It felt like going into this week, there was still cash on the sidelines, and that [handling the supply] really wouldn’t be a problem, and I think that we demonstrated that. The market absorbed the supply, I think, relatively painlessly.”

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

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