This page is dedicated to research articles with secondary market data provided by MarketAxess. For further information please contact Dan Barnes.
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‘BoB’ – Barnes on Bonds

SECONDARY MARKETS
Bid-ask spreads expanding in European credit
European credit traders have seen bid-ask spreads expand over the past two weeks, however this follows a notable tightening since summer, according to data from MarketAxess’s CP+ pricing service.
High yield bonds saw median bid...
What’s up EM?
Emerging market volumes have jumped in September, hitting levels not seen since April 2025, when the US trade taxes on imported goods from every other country first kicked off.
Using MarketAxess TraX data, which follows...
PRIMARY MARKETS
Analysing concern around Japan’s government bond issuance and interdealer inefficiency
The appointment of Liberal Democratic Party (LDP) leader Sanae Takaichi as the country’s first female prime minister has drawn comparisons with two of the UK’s female prime ministers; Margaret Thatcher, of whom Takaichi is...
September takes the biscuit in new issues
September did not disappoint in its delivery of high issuance in the US for corporate bonds across both investment grade and high yield. Monthly levels were the highest for the year so far at...





