Friday’s inflow of $558 million continues to spur better buying for a high-yield market that has experienced three straight weeks of big inflow totaling over $7 billion for the span. The energy space continues to be topical and volatile as shorts look to come out and new money tries to find value after the big selloff. Overall, market sentiment remains positive and secondary prices continue to move higher with new money looking to find a home. New issue paper continues to be a focus for the market, with two more deals slated to price this afternoon and a full forward calendar for what should be a steady week of issuance.

Daily fund flow information sourced from J.P. Morgan.