Electronic trading volume in US fixed income hits record
Electronic trading of US investment-grade and high-yield bonds reached an all-time high in July according to data from Coalition Greenwich.
Overall electronic trading accounted for...
Ongoing effect of CSPP on European credit markets
Europe has seen considerable growth in credit issuance this year relative to 2023, with last week finding a 116% year-on-year increase in non-financial high...
European HY bond issuance saw 45% increase in 2023
High yield bond issuance reached €66 billion in 2023, up from €45 billion in 2022 which had been a record low.
The findings come...
The good news on high yield trading
Two weeks ago we noted that high yield markets have seen trade sizes increase since the start of the year, running counter to the...
BIS: Cut your trading costs in half by cosying up to dealers
A new working paper, written by the Monetary and Economic Department of the Bank of International Settlements, has found that dealer relationships are crucial...
Implications of Atlanta Fed negative GDPNow score for US credit
The Atlanta Federal Reserve’s GDPNow estimate for real GDP growth in the US hit 2.4% on 6 March 2025, up from -2.8 percent on 3 March,...
Mexican bond markets: Keep your friends close
Sitting next to the US in the current trade war meant that Mexico avoided the highest bracket of US tariffs, thanks to its existing...
Swedish broker shut for pushing risky bonds and illicit issuer payments
Swedish market regulator, Finansinspektionen (FI), has revoked all permits for Nord Fondkommission AB (Nord FK) to continue trading.
Nord FK is a securities firm whose...
Can you guess which market has seen the greatest fall in bid-ask spreads, year-to-date?
Two weeks ago, we asked what was crushing the US investment grade (IG) market’s bid-ask spread. However there has been an even greater reduction...
Picturing uncertainty in a traditionally stable market
Trading numbers in secondary corporate bond markets appear to reflect anecdotal reports of volatility bursts, as political false starts impact the reading of major...
