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Issuance by U.S. companies could go down by $150B a year.
Construction firm Tutor Perini pulls $500 million offering.
Asset managers want to be shielded from losses on called bonds.
Company was able to reduce the yield on its new borrowings.
Forget about a summer lull; there has been $30B in corporate issuance so far this week.
Alphabet sold $2B of bonds; so far this year, tech firms have issued more than $100B in debt.