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...
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...
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...
Is Europe’s consolidated tape already shaping trade sizes?
Trade sizes in Europe’s corporate bond markets are aligning across investment grade (IG) and high yield (HY) sectors, while the US markets are still...
Corporate issuance begins February weighted towards Europe and IG
The US is seeing a drop off in lower grade debt issuance so far in 2026, relative to 2025 levels, while higher grade US...
European bond trading impacted by 84% of flows to active open-ended funds
European fixed income fund flows remain structurally different from the US, materially affecting trading flows during the day. In 2025, 84% of Europe’s US$422.7bn net inflows went to active open-ended funds. US flows...
Big deals in January as UBS predicts record year for US issuance
Corporate bond issuance started the year hot, with over US$211 billion issued globally in the week beginning 4 January, however numbers dropped off pretty...
