European high yield bond issuance slows in Q1
The latest report by the Association for Financial Markets in Europe (AFME) on European leveraged finance, primary high yield (HY) bond issuance fell sharply...
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...
Defaults creep higher in leveraged credit markets
Credit markets are navigating one of their most challenging environments in years, with default rates climbing across both public and private debt. The consequences...
Investor Demand: “There is no war on”
ING's senior debt capital markets leaders share their outlook on issuance conditions, investor appetite, and what borrowers need to do to succeed in a...
How portfolio trading can prompt a rethink for credit TCA
Portfolio trading (PT) has grown significantly in corporate bond markets, and it creates some meaningful complications for transaction cost analysis and market data.
Portfolio trades...
Surging issuance reflects confidence overcoming uncertainty
This year is shaping up to be a landmark year for corporate debt markets globally, with issuance running at record or near-record levels on...
The need to negotiate a consensus price
Request-for-quote (RFQ) remains the primary go-to protocol across electronic trading venues in corporate bond markets for buy-side traders.
Despite speculation that the electronification of...
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....
