Emerging markets’ big issues in 2022
According to analysis by CreditSights, there has been a negative total return for credit in emerging markets with the exception of Gulf Cooperation Council...
Squeezing the bid-ask spread
Bid-ask spreads in the corporate bond space have continued to collapse in 2025, suggesting that liquidity costs are dramatically improving for buy-side traders.
Looking at...
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...
The winners in the primary market
In the bond issuance markets, there have been a few subtle changes in the top five most successful banks for syndication, and less subtle...
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...
Examining the (Thames) Water fall
In 2013 when markets still looked precarious amid the fallout from the financial crisis, utilities were a good investment.
With a near cast-iron cashflow...
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Dealer engagement in multi-dealer platforms is growing
Sell-side firms appear to be increasing their engagement with corporate bond trading platforms. The narrative of increased bilateral trading between dealers and clients...
APAC trading recovery is far from even
The recovery from last year’s market sell-off and the ongoing Covid-19 pandemic appears to have been marked in many regions, with volumes for both...
The big issue
Corporate bond issuance has boomed at the start of 2024, at a point when rates are peaking. They may not be that high in...
Tradeweb and MarketAxess see credit volumes increase over 25% in December
Market operators MarketAxess and Tradeweb have released their December trading levels, with both seeing a monthly increase of 25% in credit trading average daily...
