Seeing the pressure market makers are under in European credit
Secondary market data paints a picture of the challenges faced by sell-side market makers in the European corporate bond market during Q4. Information from...
Is a liquidity crisis brewing in European HY?
Concern around liquidity in Europe’s high yield market has been rising over the past quarter as it is hit by a double whammy, falling...
Not average: Trade sizes in 2024
Looking at the average trade sizes for high yield and investment grade bonds, across Europe and the US in 2024, we can see considerable...
European trading strained in high yield
Comparing European high yield (HY) and investment grade (IG) corporate bond data from MarketAxess, the pressure for traders and investors in high yield markets...
European credit volumes plummet as US stays buoyant
European corporate bond markets have seen trading volumes and trade count collapse going into summer, as the holiday period provides some respite for tired...
Measuring digital bond issuance
The use of distributed ledger technology (DLT) to issue bonds can tackle several concerns in the debt markets. Firstly, it reduces the fragmented information...
Axess All Prints: Real-time trade-level transparency for EU & UK markets
MarketAxess reveals how it has enhanced its original EU & UK trade tape, Axess All, to deliver a new level of transparency for clients and...
The vicious circle of trust and liquidity
Looking at data provided by CreditSights, we can see the extent of lenders’ concern about Credit Suisse this year. The cost of insuring Credit...
Invesco’s 2023 Fixed income outlook: ‘A promising year after a painful selloff’
Invesco has published its outlook for fixed income markets in 2023, noting that valuations now look more attractive, and yields are higher than they...
Can primary markets deflate?
Inflation levels could have a direct impact on volume of work – and therefore operational pressure – on buy-side trading desks.
Managing the process of...
