Goldman Sachs stated that new issuance of U.S. investment-grade bonds remained active throughout the summer, without the seasonal slowdown that the market had initially expected. We are now officially raising our full-year forecast for total U.S. investment-grade bond issuance from $2.1 trillion to $2.3 trillion. Looking ahead to 2027, we believe issuance activity is likely to remain high, and therefore expect total U.S. investment-grade bond issuance for the full year to reach $2.4 trillion.
