US HY volumes hit yearly highs post-Liberation Day
US high yield (HY) trading volumes hit yearly highs last week as the country comes to terms with the implications of Trump’s ‘Liberation Day’...
Electronification of US credit delivers resilience
The electronification of the US corporate bond markets has demonstrated that its improved efficiency has strengthened depth of liquidity provision, rather than made it...
Enhanced execution through automation
Andrew Cameron, Automation Solutions at MarketAxess, discusses the benefits of automation in trading.
Automation technologies have revolutionised so many aspects of our lives that it’s...
Chart of the week: Get in early
Access to primary bond markets has been a headline topic for buy-side traders over the last four years. As issuance volumes have grown, rising...
Picturing uncertainty in a traditionally stable market
Trading numbers in secondary corporate bond markets appear to reflect anecdotal reports of volatility bursts, as political false starts impact the reading of major...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As...
Are issuers predicting a 6% Fed Funds rate?
Bond issuance has continued to beat expectations in February 2023. Last month saw 774 investment grade bonds issued globally, for a notional value of...
Juggling the growth in CUSIPs
If the population of a country increased by 50% since 2014, you would think a housing crisis was likely.
Yet in the year The DESK...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
Control is the best defence
By Chris Roberts | 29 May 2024
With a growing level of scrutiny coming from European Regulatory bodies about the quality of data reporting, firms...
