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...
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....
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...
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...
Emerging market sovereign traders track bullish metal market
Emerging market (EM) sovereign debt stands apart from other EM asset classes, due to its exceptionally high commodity exposure. For several EM markets, with...
Competition in US Treasury clearing could sustain vicious exchange battle
The bitter competition between FMX and the CME, for trading of US Treasuries and Treasury futures, could enter an accelerated phase as new clearing...
Scottish ‘vanity’ issuance project puts investors at risk from independence
The Scottish Government has confirmed plans to enter the bond market and issue £1.5bn of debt in 2026-2027.
Ben Ashby, chief investment officer at...
Analysing concern around Japan’s government bond issuance and interdealer inefficiency
The appointment of Liberal Democratic Party (LDP) leader Sanae Takaichi as the country’s first female prime minister has drawn comparisons with two of the...
The de-dollarisation debate
Investors see their short duration positions getting longer this year, with a shift to EM debt, and a multi-decade case for de-dollarisation, attendees at...
Fund managers report more certainty in EM than in developed markets
The key takeaway from the first plenary session at the Fixed Income Leaders Summit in Amsterdam was clear; in 2026, uncertainty has become a...
