In this months’ episode Taron and Chris talk volumes, in particular the trends over the last few years and why it looks like there has been a gradual decline of debt issuance, however that this year might buck the trend. They also talk about how the average deal size has increased, with more large deals, but not so many jumbos so far. The flex chart makes its regular appearance, with an interesting trend, and they conclude with a discussion about the CLO arbitrage.