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...
Bid-ask spreads expanding in European credit
European credit traders have seen bid-ask spreads expand over the past two weeks, however this follows a notable tightening since summer, according to data...
What’s up EM?
Emerging market volumes have jumped in September, hitting levels not seen since April 2025, when the US trade taxes on imported goods from every...
High yield market makers comfortable with risk
European bond traders are seeing average trade sizes expanding in September while bid ask spreads lower to the bottom end of their range as...
Price volatility in credit
We saw a big drop in average bid-ask spreads (>7%) for US investment grade (IG) last week, possibly a response to the massive levels...
Analysing the split between US and EU investment grade trade sizes
Recent reports that high yield (HY) trades are increasing in size and investment grade (IG) are shrinking, have ignored the year-on-year growth of European...
Summer heat subdues European activity
Activity in both European high yield (HY) and investment grade (IG) declined in the last week of July, with trade volumes falling to yearly...
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...
EM traders ride out the chaos
It would be understandable if trading in emerging markets (EM) debt were becoming more expensive as risk increased in many markets it makes up,...
Do Europe’s credit trading costs invert the pattern for US debt trades?
An analysis of average bid-ask spreads in corporate bond markets across the European and US markets suggests that median bid ask spreads responses are...
