Primary markets: Bonds hold up as syndicated loans markets lose momentum
Bond primary markets outperformed syndicated loans in the first quarter, with Dealogic rankings showing debt capital markets volumes rising across most major regions even...
IG and HY trade size trending back to pre-consolidated tape patterns
After converging sharply in January, average trade size in euro investment grade (IG) and high yield (HY) has begun to separate again, while bid-ask...
US and Middle East bond issuance separated by Iran war
The US markets saw a record day of issuance on 10 March, supported by the massive USD37 billion issued by Amazon, alongside a euro-denominated...
Bond markets see trading costs bounce
Average bid-ask spreads have been expanding and contracting like an accordion as investors and liquidity providers struggle to form a coherent view on inflation,...
Buy-side traders become invaluable during crisis
The Iran war is clearly visible in parts of corporate bond pricing and emerging market trade sizes, but other parts of the market appear...
Europe sees credit issuance crash on war turbulence
European investment grade issuance came in at €6 billion last week, according to Morgan Stanley data, with year-to-date (YTD) volumes tracking at €170 billion,...
US credit volumes drop but trade sizes and costs stay flat
US corporate bond markets have seen volumes drop across investment grade and high yield trading in February 2025, however according to data from MarketAxess...
Corporate bond Issuance slows into February, reducing trading desk pressure
The corporate bond market has slowed its flow of newly issued debt into the market, while fund inflows made the case for strong investors...
Is Europe’s consolidated tape already shaping trade sizes?
Trade sizes in Europe’s corporate bond markets are aligning across investment grade (IG) and high yield (HY) sectors, while the US markets are still...
Corporate issuance begins February weighted towards Europe and IG
The US is seeing a drop off in lower grade debt issuance so far in 2026, relative to 2025 levels, while higher grade US...
