“What we’re seeing in the current CUSIP issuance numbers is a ‘dash for debt’ among U.S. corporate and municipal issuers who are looking to raise fund ahead of an interest rate increase from the Fed,” said Richard Peterson, Senior Director of Global Markets Intelligence, S&P Capital IQ. “CUSIP request volumes will be instructive as we draw closer to a rate rise, offering us an early look at how capital markets might respond in a rising rate environment.”