There could be $20 billion to $25 billion worth of deals this week.
The issuance deluge comes as corporate finance chiefs aim to lock in borrowing costs while yields are relatively low.
It's the latest sign of how Federal Reserve rate hikes aren't cooling down some markets.
Companies that are being blamed for sparking blazes are seeing their assets drop.
Higher-for-longer interest rate expectations make it a good time to be a credit investor, the firm says.
The ratio between companies' earnings and their interest expense has fallen to the lowest level since the pandemic.
Annuit sales reached a record high of $385 billion last year.
Bank of America sees rates, earnings and issuance challenging credit this year.
Banks are offering fewer loans as lending standards tighten and demand weakens.
The recent spike in bond yields may have briefly cooled the market, but the pace of borrowing has been blistering.
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