New issue activity on track to meet US$950 billion full-year forecast
Sovereign ratings drive bulk of positive rating action
Foreign investors dump Canadian government debt
RBC Capital Markets leads both debt, equity league tables
Highly-indebted countries could face a negative feedback loop
Across advanced economies, lending demand slowed sharply
Canadian investors bought foreign bonds, driving outflows in the month
Economy, rate environment are the main risks to issuers' finances
Decline in working population to pressure growth and government finances
Still-rising rates have governments' interest expenses surging