JPMorgan regains lead in US high-grade bond market, reports Bloomberg
According to the report of Bloomberg, a US high-grade bond issuance is expected to get $1.585 trillion in the year 2025.
The US’s JPMorgan Chase & Co. has gotten its position as the leading investment banking company for corporate bond sales in the year 2025. It comes after the bank lost the top position last year. According to Bloomberg, this comeback has happened in the middle of the busiest years for the US bond market. The six largest banks of the United States led almost $700 billion worth of high-grade bond sales. In all, the investment grade issuance of the US is now expected to reach $1.585 trillion by the end of the year.
JP Morgan regains top position
JPMorgan Chase & Co. regained the top position in the US investment-grade corporate bond sales after getting the second position in the year 2024. The investment banking company was a lead manager for some major deals, like Mars Inc.’s $26 billion bond sale in March and Alphabet Inc.’s $17.5 billion issuance in November. However, Meta’s $30 billion bond sale was still the largest deal.
Performance of other US banks in 2025
Morgan Stanley finished fewer deals in comparison to others. However, it ranked at number three in total dollar volume. Its deal volume increased by about 50 per cent to nearly $132 billion. The $30 billion bond offering of Meta was led by Citigroup Inc. and Morgan Stanley. On the other hand, the $15 billion sale was led by three banks.
What does the broader bond market look like?
According to the report of Bloomberg, a US high-grade bond issuance is expected to get $1.585 trillion in the year 2025. However, syndicate desks expect bond sales next year to increase.
