Investment Grade trading: A tale of two markets

Investment Grade trading: A tale of two markets

0
By John Gallagher, MarketAxess Last year, the markets were a one-way trade. Aggressive rate increases leading to horrible returns. Sell everything! And ask questions later......
US credit sees elevated bid-ask spreads

US credit sees elevated bid-ask spreads

0
Bid-ask spread remain elevated in US markets across investment grade and high yield, relative to January and February, according to MarketAxess Trax data, which...
Keep an eye on bank issuance

Keep an eye on bank issuance

0
Bank bond issuance is expected to pick up this year according to research by Morgan Stanley analysts. With deposits proving less attractive as a...
Subscriber
The liquidity gap between 144A and Reg S bonds

The liquidity gap between 144A and Reg S bonds

0
144A and Regulation S (Reg S) securities have distinct regulatory backgrounds and key differences. Liquidity measures such as Bid-Ask spread and post-issuance volumes in...
Viewpoint: MarketAxess to increase automation with Adaptive Auto-X

Viewpoint: MarketAxess to increase automation with Adaptive Auto-X

0
MarketAxess is aiming to initially launch Adaptive Auto-X in the first half of this year to provide clients with algorithmic workflows and allow them...
US liquidity costs spiked more violently than in Europe

US liquidity costs spiked more violently than in Europe

0
Bid-ask spreads have widened massively in recent weeks, according to MarketAxess CP+ data, with the price in US investment grade nearly doubling in the...
Rising rates hit high yield availability

Rising rates hit high yield availability

0
Despite some optimistic outlooks on bond issuance in 2023, high yield bonds are clearly seeing a decline in Europe, based on data from the...
Are issuers predicting a 6% Fed Funds rate?

Are issuers predicting a 6% Fed Funds rate?

0
Bond issuance has continued to beat expectations in February 2023. Last month saw 774 investment grade bonds issued globally, for a notional value of...
Emerging markets’ uneasy calm

Emerging markets’ uneasy calm

0
Bid-ask spreads for fixed income trading in emerging markets have stabilised after a tumultuous year in 2022, according to TraX data, triggered by the...
Research: ETFs worsen fixed income liquidity in a crisis

Research: ETFs worsen fixed income liquidity in a crisis

0
An academic paper has argued that fixed income exchange traded funds (ETFs) “improve bond liquidity in general, but worsen it in periods of large...

MOST POPULAR

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA