Trading in Mexico as it teeters on edge of investment grade rating
Mexico has faced a sharp deterioration in its sovereign credit standing within the space of just two weeks in May 2026, with two major...
Why high yield dealer relationships are (potentially) more valuable
It is no surprise that trading costs are higher in high yield (HY) markets, but data from MarketAxess TraX, which measure activity across bond...
Iran war: Conflicted liquidity in credit
The attacks on Iran and its responses over the past week have injected a sharp dose of geopolitical risk into global markets, and the...
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...
Credit traders get prepped for vol opportunities in 2026
Corporate bond traders should be well-prepared for sudden shocks in 2026, by broadening their access to solid pre-trade information, low-friction paths to liquidity and...
Bid-ask spread volatility highest in US bond markets
When comparing liquidity across markets in 2025, buy-side bond traders may consider European investment grade markets to have an optimal set of characteristics. However,...
Tradeweb and MarketAxess beat TRACE growth in November
US electronic credit activity firmed in November. On FINRA’s TRACE tape, combined US investment-grade and high-yield average daily volume (ADV) rose to US$57.8 billion,...
What Mexico’s vol risk means for trading LatAm bonds
In Latin American (LatAm) markets, economic volatility may transfer into market volatility – most notably in Mexico.
In order to manage risk and seize opportunities...
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,...
“There is still an edge in systematic trading”
Systematic trading is often associated with highly liquid instruments, but asset managers have outlined success stories in less liquid debt markets, at the Fixed...
