US Debt Sales See No Summer Slowdown

Tony Rodriguez, head of fixed income strategy at Nuveen Asset Management, and Jerry Cudzil generalist portfolio manager, fixed income at TCW, join Emily Graffeo on "Real Yield." August is often one of the slowest months of the year, averaging $95 billion of investment-grade bond sales since 2019. This August though has already seen $130 billion in sales. (Source: Bloomberg)