Emerging Markets Focus Part 1: What the flows mean for traders
Fixed income sector investments have proven worst for emerging markets funds year to date, according to data from JP Morgan and Bloomberg indices, driving...
S&P Global: European bonds slump to lowest first-half volume since financial crisis
By Thomas Beeston
European high-yield bond issuance is set for the lowest first-half total since the global financial crisis, as volatile interest rates and fears...
New issuance process unchanged for 59% of traders despite electronification
New research from analyst firm, Coalition Greenwich, has found that 59% of traders are still waiting to see an improvement in the new issue...
AFME update: European HY bond issuance fell nearly 60% year-on-year
A new report by AFME found that the primary high yield bond market decelerated significantly in Europe at the start of this year.
High yield...
The enduring popularity of ‘Don’t Panic’
The phrase ‘Don’t Panic’ crops up frequently in comic fiction, notably in Douglas Adams’ book ‘Hitchhiker’s Guide to the Galaxy’ and in 1970’s British...
Withering supply of European high yield
Comparing the ‘year-to-April’ data across years, 2022’s high yield issuance looks more like the post-financial crisis period than most years in between.
Data from CreditSights...
How does the collapse of refinancing affect bond trading?
It costs more to borrow money in the US right now, than it has for a long time. Even more so for companies in...
Value and issuance in European credit
Outflows in European bond funds are following a drop in the relative value of European credit, as shown in data from the IHS Markit...
Will primary market tools fragment new issuance instead of standardising it?
Research by The DESK has found that buy-side traders have adopted a range of primary market tools to help them increase their efficiency at...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As...
