‘BoB’ – Barnes on Bonds

Bond markets are beginning to settle on both sides of the Atlantic after the shock of Liberation Day and various amendments to tariff policies that took place at the end of April. But while...

Liquidity costs in European corporate bond trading remain elevated, after the tariff shock in early April saw bid-ask spreads widen significantly across markets, according to MarketAxess’s CP+ data. European high yield (HY) markets increasing to...

Moody’s Investors Service has cut the long-term sovereign rating of the United States by one notch to Aa1, citing the inexorable rise in federal deficits and debt-servicing costs at a time of still-elevated interest...

A year ago, rumours in the bond markets suggested that Citadel Securities might be planning a move into bond issuance, a move which buy-side traders regarded positively. Since the firm declined to become a...