Bank of England releases detail on index-linked gilt purchases as LDI woes continue
The Bank of England (BoE) has said it continues to monitor developments in financial markets very closely in light of the significant asset repricing...
Coalition Greenwich: US Treasuries trading up 46% YoY in January
“The more the US government borrows (US$2.6 trillion in January), the more US Treasury traders trade.”
This activity, according to Coalition Greenwich’s Kevin McPartland, is...
US liquidity costs spiked more violently than in Europe
Bid-ask spreads have widened massively in recent weeks, according to MarketAxess CP+ data, with the price in US investment grade nearly doubling in the...
Liquidnet Credit revenue hits £11 million, splits from Liquidnet Equities
Liquidnet Credit, part of interdealer broker, data and services provider TP ICAP, saw revenues grew to £11 million in 2023 according to a spokesperson...
Aegon: Emerging market debt strong as sovereign default fears dissipate
Emerging Market Debt (EMD) is enjoying a “favourable” start to 2024, with growth, falling inflation and monetary easing trends across emerging economies acting as...
Optimising clearing costs for cheaper trading
Clearing of European derivatives now looks set to stay in London for the foreseeable future, but traders still need to assess how the clearing...
Pimco says Fed’s new repo facility should ease future stress
Asset manager Pimco said the US Federal Reserve’s creation of a permanent standing repo facility (SRF) will help develop more resilient funding markets, although...
Portugal to join FTSE World Government Bond Index; India deferred
Portugal has been added to the FTSE World Government Bond Index (WGBI), effective November 2024. FTSE Russell stated that the country now meets all...
Six New Trends in Managing Fixed Income Accounts
By Blake Lynch, Head of Sales at IMTC.
Predicting the bond market’s next move is difficult at best—will the yield curve steepen or flatten? Will...
Positive reception of FCA consolidated tape plans keeping pace with Europe
A consultation on plans for a consolidated tape of fixed income prices, announced by the UK’s Financial Conduct Authority (FCA), has drawn support from...
Tom Nickalls leaves Ninety One
Morgan Stanley has appointed Tom Nickalls as a trader within its emerging markets credit team, effective August. He is based in London.
Nickalls has more...
Bloomberg: No charge for buy-side fixed income trading
Bloomberg has quashed rumours that buy-side traders are to be charged for fixed income trading in 2021. Buy-side traders had reported to The DESK...