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....
When the floor moves: The Treasury sell-off and the credit market liquidity test
The US Treasury market is the foundation for corporate bond market liquidity. When that foundation shakes, the tremors can quickly move into the credit...
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...
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...
Iran war: Conflicted liquidity in credit
The attacks on Iran and its responses over the past week have injected a sharp dose of geopolitical risk into global markets, and the...
Corporate bond Issuance slows into February, reducing trading desk pressure
The corporate bond market has slowed its flow of newly issued debt into the market, while fund inflows made the case for strong investors...
IG credit sees portfolio trading plateau while HY hits records
Portfolio trading (PT) continued its rapid expansion in 2025, with Morgan Stanley reporting total capped volumes in US markets reaching approximately US$1.3 trillion, a...
