US structured note issuance surged by nearly 25%year-on-year in early 2026, fueled by advisers using defined-income and single-stock structures to hedge against equity downside.

A recent report by CAIS revealed that US structured investments hit unprecedented volumes in the first two months of 2026, driven by adviser demand for defined-income strategies. The first two months of 2026 combined for US$ 48.1 billion in issuance The US structured notes market has carried its record-breaking momentum from 2025 into the new year, with issuance hitting historic highs, according to a white paper released by CAIS titled ‘Structured Investments in 2026: Trends, Structure