2026 Mid-year Debt Capital Markets Outlook

Debt capital markets delivered another record-setting start to the year, with strong issuance across both Canada and the U.S. In this episode of Market Points, Patrick Dabiet, Managing Director and Co-Head of Canadian Debt Capital Markets and Government Finance, and Fadi Attia, Managing Director and Head of U.S. Debt Syndication, look at what drove first-half activity and why markets have been able to absorb so much supply. They also discuss the key themes expected to shape the second half of 2026, and how markets are positioning to handle continued issuance amid the path of interest rates, evolving investor demand, and ongoing geopolitical uncertainty.