Big US Banks Set to Temper Bond Sales After Stout 2026 Debut
The JPMorgan Chase & Co. headquarters building in New York.
Photographer: Michael Nagle/BloombergThe six largest US banks are expected to issue fewer bonds this quarter after the busiest start of a year on record.
Analysts from JPMorgan Chase & Co. and Barclays Plc are predicting the group will issue between $35 billion and $45 billion of high-grade securities this quarter. That compares with $65.8 billion of investment-grade debt priced in the first quarter, even as Citigroup Inc. held off issuance, according to data compiled by Bloomberg.