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
European IG liquidity is recovering
Looking at MarketAxess data from its TraX service, covering fixed income trading across the corporate bond markets in Europe, the US and emerging markets credit, the most significant change over the past month is...
Why high yield dealer relationships are (potentially) more valuable
It is no surprise that trading costs are higher in high yield (HY) markets, but data from MarketAxess TraX, which measure activity across bond markets and its CP+ pricing tool, show that the volatility...
PRIMARY MARKETS
JP Morgan extends DCM dominance; Goldman and Morgan Stanley climb rankings
Dealogic's preliminary first-half 2026 league tables show JP Morgan holding the top spot in global debt capital markets by volume, while Morgan Stanley and Goldman Sachs register the most significant upward moves in the...
European high yield bond issuance slows in Q1
The latest report by the Association for Financial Markets in Europe (AFME) on European leveraged finance, primary high yield (HY) bond issuance fell sharply in the opening quarter of 2026, with total activity declining...





