Less live deals, better for hours?
I was very lucky enough to land a FT capital markets (loans) role for a BB and will be joining this summer. Please correct me if I'm wrong and sorry if this is a dumb question, but now with the increased rates, would companies likely to borrow less and thus lower volume of live deals (purely on financing side) for investment banks? If so, should analysts' hours be better?
Heard capital markets were working close to coverage hours last year so was curious. Thanks!
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