Exclusive: Bloomberg Message “sprayed dealer runs across the street”
Sources, including several dealers, have confirmed that Bloomberg’s Message service, used by broker dealers for sending runs to clients, “sprayed dealer runs across the...
The effect of trade sizes on high yield liquidity costs
Trading in high yield markets across the Atlantic is diverging considerably, with average trade sizes and bid-ask spreads tracking quite different patterns, according to...
Bank of England to back the buy side in market turmoil
The Bank of England (BoE) will develop a new lending tool for non-bank financial institutions, starting with UK insurance companies and pension funds, which...
European investment grade seeing smaller, cheaper trades
European investment grade bond traders are seeing a falling bid-ask spread, and a rising trade count since the start of 2024, according to MarketAxess’s...
UK government debt issuance soars
The latest report from the Association for Financial Markets in Europe (AFME), looking at European government bond markets, found that €1 trillion of bonds...
FILS 2024: Bond opportunity is in the eye of the beholder
Amid swirling geopolitical uncertainty, are bond portfolios recession-proof? This was the question debated by buyside panellists at the Fixed Income Leaders Summit on Friday.
For...
CME Group reports first week US credit futures trade count
Market operator CME Group reports its new US Credit futures have traded 415 contracts since their launch on 17 June 2024.
“In just one week...
Insights & Analysis: “Lock in attractive yields as easing cycle continues,” UBS advises
Trump’s election saw Treasury yields rise sharply but stabilise by the end of the week, with the VIX index dropping to its lowest since...
AFME: Buy- and sell-side debate value of new bond trading protocols
At the inaugural AFME Bond Trading, Innovation and Evolution Forum, panellists discussed the future opportunities of the international bond markets. As the discussion drew...
FCA to investigate barriers for buy side to access data
The UK’s market regulator, the Financial Conduct Authority (FCA) will launch two market studies and gather further information to investigate access to wholesale data....
Rules and Ratings: Moody’s sees improving credit fundamentals driving leveraged finance deals
As interest rates decline, credit fundamentals will improve in 2025 and defaults will ease, according to analysis from credit rating agency Moody’s.
“Investors will hunt...
JP Morgan leads DCM amidst primary markets retreat in Q1 2025
In the first quarter of 2025, global debt capital markets (DCM) activity retreated while JP Morgan maintained its position at the top of the...
