European debt is standing up for primary markets
Global debt capital market (DCM) deal count year-to-date is down 5% year on year, according to Dealogic data. However, the local market pictures present...
The effect of trade sizes on high yield liquidity costs
Trading in high yield markets across the Atlantic is diverging considerably, with average trade sizes and bid-ask spreads tracking quite different patterns, according to...
In 2021 we see record secondary markets trading for European Government Bonds
By Emile Figueiras, European Government Bond Product Specialist, MarketAxess
Secondary market volumes in European government bonds (EGBs) have grown significantly over the last 2 years....
European credit – get it while it’s hot!
Bid ask spreads in European investment grade (IG) credit trading have fallen substantially over the past month, based on data from MarketAxess’s CP+ composite...
DLT – What is the value in primary markets?
A recent study prepared on behalf of the Global Financial Markets Association (GFMA) by Boston Consulting Group, Cravath, Swaine, and Moore LLP, and Clifford...
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...
MarketAxess industry viewpoint
Comparing portfolio trading and list RFQ TCA
By Gio Accurso, Grant Lowensohn and Jessica Hung, MarketAxess
Highlights and objectives
The MarketAxess Research team investigates any key...
High Yield issuance is taking off
Comparing corporate bond issuance volumes for 2023 and 2024, we can see that the pattern is frequently a high start to the year, with...
Tangible returns from bond trade automation
Adoption of automated trading continues apace across several bond markets and within different grades of instrument. Gareth Coltman, global head of automation at MarketAxess,...
The impact of trading long-dated bonds
Faced with the prospect of climbing rates, some investors will be looking to switch out of lower coupon bonds to capture higher returns. However,...
