Invesco’s 2023 Fixed income outlook: ‘A promising year after a painful selloff’
Invesco has published its outlook for fixed income markets in 2023, noting that valuations now look more attractive, and yields are higher than they...
Illiquidity creeps up in US credit… will e-trading save the day?
Looking at data on US credit markets, taken from MarketAxess Trax, which tracks trading across multiple markets and counterparties, investment grade trading volumes have been...
Absorbing Gilt
The year after next, the UK is set to issue £305 billion gilts to support the government’s spending programme. The high level of issuance...
Unlocking Liquidity for the U.S. Treasury Markets
Unlocking Liquidity for the U.S. Treasury Markets
By MarketAxess | 22 November 2022
Advocating for all-to-all trading has always been the MarketAxess way, but lately, it...
The vicious circle of trust and liquidity
Looking at data provided by CreditSights, we can see the extent of lenders’ concern about Credit Suisse this year. The cost of insuring Credit...
Breaking blocks
Electronic trading is certainly on a growth spurt – Coalition Greenwich reports e-trading was 46% volume across all assets in 2021 – but this...
Month-end activity in alternative protocols
By Misha Girshfeld, Research Specialist and Grant Lowensohn, Senior Research Analyst at MarketAxess. 25 October, 2022
Highlights
We have seen an average increase of about 11%...
Barnes on Bonds: Secondary Gilt Trip
To look at the whipsaw effect of the UK’s 23 September mini-budget on secondary UK bond trading, we have taken data from MarketAxess TraX,...
Barnes on Bonds: Primary Gilt Trip
To see political risk writ large in financial markets, look no further than the UK. While Rishi Sunak has won the race to be...
A tale of two metrics – US IG corporate bond market liquidity in 2022
By Julien Alexandre, 12 October 2022
Corporate Bond Market Distress Index
The NY Fed recently launched the Corporate Bond Market Distress Index and backfilled it all...