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    US investment grade (IG) borrowers printed close to $150bn in August, surpassing the $136bn record set in August 2020 and making this the third consecutive month to set an all-time high after June and July. Against a seasonal average of roughly $95bn since 2019, that is about 50% above the norm despite the August holiday season being in full swing.

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Currencies/Foreign Exchange

 FX volatility running high
2 Feb 2026 TwentyFour Blog

FX volatility running high

Foreign exchange markets have taken centre stage again in recent weeks. President Trump’s apparent indifference to the relatively steep dollar depreciation trend of late has raised a few eyebrows and added fuel to the dollar fire.

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