Deal volume up, value soared driven by more "mega" deals
Refinancing activity drove new issue spike, even as defaults rise
Year-over-year inflation reached its lowest level in more than three years in July
Market cap rose, alongside trading volume and value, group reports
Great-West, Manulife enjoyed strong second-quarter results
Earnings, revenue headwinds eased in second quarter, Fitch reports
Asset quality, capital expected to remain strong
Rise in jobless rate driven by growing labour force, rather than layoffs
Effects likely to be focused on weaker, low-rated issuers
Weak market signals disinflation, need for more rate cuts, company report says