IG - Investment Grade - Page 4 of 11 - The DESK - The leading source of information for bond traders

US bond deals fragment as EMEA consolidates

The latest breakdown of debt capital market (DCM) issuance by Dealogic has found that deal numbers in the US have declined slightly year-to-date versus...

Do Europe’s credit trading costs invert the pattern for US debt trades?

An analysis of average bid-ask spreads in corporate bond markets across the European and US markets suggests that median bid ask spreads responses are...

Electronification of US credit delivers resilience

The electronification of the US corporate bond markets has demonstrated that its improved efficiency has strengthened depth of liquidity provision, rather than made it...

Portfolio trading proves transformational, but controversial

The US market has been transformed by portfolio trading (PT) this year, with estimates that PT makes up somewhere between 25-40% of dealer-to-client (D2C)...

Primary held in check by tariff and rate uncertainty

Gross credit issuance has fallen in developed markets, according to data from Dealogic and Morgan Stanley, across investment grade (IG) and high yield (HY). DM...

Selling the dip

Credit investors may see the relative calm in the market at present as a point at which to trade into safer positions, according to...

European bid-ask credit spreads not assuaged by tariff roll back

Liquidity costs in European corporate bond trading remain elevated, after the tariff shock in early April saw bid-ask spreads widen significantly across markets, according...

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...

US markets seeing risk implied in bid-ask spread

While US stock markets are in turmoil, US investment grade bond markets are also reflecting the greater uncertainty caused by an erratic approach to...