Capital Markets: An analysis of Q1 2024 trends in Debt Capital Markets

Debt Capital Market trends in 2024 have so far challenged investors’ annual projections set out at the end of last year, from spreads hovering at 5-year lows, to rates returning to Q4 levels. For our latest Markets Mindset roundtable, we welcomed Mizuho Investment & Corporate Banking’s Head of Debt Capital Markets, Moshe Tomkiewicz, alongside Head of U.S. Debt Syndicate, Colby Griffith, for their analysis of Q1 trends. Tabled by Mizuho’s Victor Forte, this discussion touches on the IG yield index, rate volatility, Q1’s record issuance and why fixed income investors are continuing to buy at tighter spreads.