CME: Credit futures surge
Credit futures surge as investors seek capital-efficient risk tools
Credit futures are gaining traction among institutional investors as a capital-efficient way to manage corporate credit...
Repo: Fixed income gets a faster engine
The repo market sits at the heart of the global financial system, yet its efficiency rarely makes headlines outside specialist circles. As a mechanism...
Barclays argues lower capital costs on gilts supports UK borrowing
Barclays has published a report making the case for lowering capital costs to hold UK government debt, in order to lower the costs fo...
Data shows electronic trading has delivered resilience to US markets
The latest data from MarketAxess’s TraX data tool, which follows activity across multiple marketplaces, and its CP+ pricing tool, show that US markets, particularly...
MTS: Clarity, not just transparency, on bond trading costs
How bond trading platforms are redefining cost efficiency in European fixed income
The cost of trading bonds has long been an opaque and contested arena....
Credit under pressure: What gives?
If interest rates go up, economic growth becomes strained and business conditions worsen, stress on the corporate bond and private credit markets will increase....
Beating increased trading costs in the 2-year Treasury
Two-year Treasury volatility has jumped in March, as yields rose rapidly, reflecting weakening confidence in future rate cuts being made by the US Federal...
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...
Why Saudi bond indexation may not boost market liquidity
The inclusion of Saudi Arabian bonds in the JP Morgan Government Bond Index–Emerging Markets (GBI‑EM) could materially change the market’s liquidity profile, but traders should...
Roundtable debate: Can the market electronify block trades?
The efficiency of electronic trading has trade-offs for blocks based on information disclosure, leakage and trust.
Electronifying execution of larger bond orders is the ‘holy...
