Argentina’s battle for control
Argentina’s bond markets have been notoriously challenging for investors. Twenty years after the country underwent a major debt restructuring, and just five years after...
Bond traders predict data science/AI use explosion in 2026
The DESK’s Corporate Bond Liquidity Access Survey, supported by LTX, finds trading desks are on the cusp of change.
Buy-side traders see 2026 as a turning...
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Credit is climbing, but unevenly
Analysis by S&P Global Market Intelligence charts the rise of credit markets over the past year, and finds index levels are by 10-15% of...
September explodes with new corporate bonds
Traders report expectations of outsized corporate bond issuance, with up to US$60 billion expected in US investment grade issuance, and reached $53 billion last...
Price volatility in credit
We saw a big drop in average bid-ask spreads (>7%) for US investment grade (IG) last week, possibly a response to the massive levels...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
What to do when credit goes quiet…
The low volumes in credit trading over summer created an opportunity for traders to engage in strategic projects that deliver longer-term benefits to the...
Analysing the split between US and EU investment grade trade sizes
Recent reports that high yield (HY) trades are increasing in size and investment grade (IG) are shrinking, have ignored the year-on-year growth of European...
Get your trade dressed to kill (or execute)
Getting a trade to look attractive to a counterparty gets harder the more illiquid, large, and specific it is. As the purpose of a...
European credit volumes plummet as US stays buoyant
European corporate bond markets have seen trading volumes and trade count collapse going into summer, as the holiday period provides some respite for tired...