“We have a solid forward calendar of global borrowers interesting in accessing the U.S. dollar market,” a syndicate manager in New York said. “Despite the improvement in the euro and sterling markets, the U.S. market is really the most reliable in terms of execution and liquidity.”
The syndicate manager also noted that issuance should increase into March to fund strategic transactions, such as stock repurchases and pension liabilities. [Low Fees, Yields Drive Interest in Bond ETFs]
“We’re also starting to see signs of growth in the U.S. and global economy, and all that’s a pretty solid harbinger of more supply,” the manager added. “This business is notoriously difficult to forecast, but I’m bullish that issuance will continue at the pace seen last year.”
Bond ETFs include:
- AdvisorShares Madrona Forward Global Bond ETF (NYSEArca: FWDB)
- Guggenheim Enhanced Core Bond (NYSEArca: GIY)
- Guggenheim Enhanced Ultra-Short Bond ETF (NYSEArca: GSY)
- Grail McDonnell Core Taxable Bond Fund (NYSEArca: GMTB)
- iShares Barclays US Aggregate Bond Fund (NYSEArca: AGG)
- iShares Barclays Intermediate Government/Credit Bond Fund (NYSEArca: GVI)
- iShares Barclays Government/Credit Bond Fund (NYSEArca: GBF)
- iShares 10 Year Government/Credit Bond Fund (NYSEArca: GLJ)
- Schwab U.S. Aggregate Bond ETF (NYSEArca: SCHZ)
- SPDR Barclays Capital Investment Grade Floating Rate (NYSEArca: FLRN)
- SPDR Lehman Aggregate Bond ETF (NYSEArca: LAG)
- Vanguard Total Bond Market ETF (NYSEArca: BND)
- Vanguard Short-Term Bond ETF (NYSEArca: BSV)
- Vanguard Intermediate-Term Bond Index Fund (NYSEArca: BIV)
- Vanguard Long-Term Bond ETF (NYSEArca: BLV)
For more information on bonds, visit our bond ETFs category.
Max Chen contributed to this article.