Second quarter issuance recovers after soft April and May
Morgan Stanley has reported that June issuance increased 13% year-on-year (YoY) following a 34% drop in April and 3% decline in May.
“Strong June issuance...
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,...
E-trading boosts efficiency not liquidity in Japan’s buy-and-hold bond market
Japan’s bond market has long been seen as voice-heavy, with established traditions of relationship-based trading and an aversion to electronic, less personal alternatives. However,...
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...
Origination: Will Germany support European debt mutualisation?
UBS Asset Management’s Jonathan Gregory, head of UK fixed income, has posited the idea that European countries may at some point seek to mutualise...
MarketAxess brings e-trading to Indian govies
MarketAxess has become the first firm to offer electronic trading in India with the launch of an Indian Government Bond (IGB) trading solution for...
European govies issued at record level in Q1
This year saw the highest first-quarter European government bonds and bills issuance volume since 2006 as €1.2 trillion was issued in Q1 2025, according...
Electronification of US credit delivers resilience
The electronification of the US corporate bond markets has demonstrated that its improved efficiency has strengthened depth of liquidity provision, rather than made it...
“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...
Treasury futures fight intensifies between FMX and CME
The US Fixed Income Leaders Summit 2025 showcased the fierce rivalry in the US treasury futures space, between incumbent giant exchange CME and upstart...
