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

SECONDARY MARKETS
Credit trades’ double-figure yearly growth proves liquidity dividend
The gradual growth in trade sizes for European corporate bond trades is made clear in the latest MarketAxess TraX data comparison for data from 2022 to 2025.
Looking at the 46-week average (year-to-date for mid-November)...
Trade size disparity in US credit speaks volumes about balance sheet
Analysis of trading activity in the US corporate bond market shows that investment grade (IG) bonds are seeing greater moves towards larger order sizes than high yield (HY) bonds, according to analysis of TraX...
PRIMARY MARKETS
BofA: deluge of hyperscaler issuance steady at US$100bn in 2026
According to Yuri Seliger and Sohyun Marie Lee, credit strategists at Bank of America, in a note published on 17 November, the total of hyperscalers’ supply year-to-date is US$121 billion. Issuance is set to...
Issuance tracking down in lower rated debt
Issuance of lower rated bonds and leveraged loans across Europe and the US fell in October, according to analysis by investment bank Morgan Stanley, with most expericing the lowest levels since May, excluding two...





