JPMorgan Asset Management portfolio manager Kelsey Berro says the high-grade corporate bond market can handle a busy September and potentially large issuance volumes. She argues that investor demand for investment-grade debt indicates that concern about market strain from heavy supply may be overstated.
In her comments on Bloomberg programming, Berro highlights expectations for a high-grade issuance “stampede” that could reach around $250 billion in September. The broader context is heightened attention to how quickly new corporate debt can be absorbed without disrupting pricing or liquidity. Across the coverage, the focus remains on the resilience of investment-grade markets under heavier-than-usual supply.
Both outlets attribute the same view to Berro: while September issuance is set to be substantial, the demand environment for high-quality bonds is strong enough to weather the influx.
