Money markets begin to tail off as rates fall
Reviewing the second quarter activity in primary markets and fund flows, we see the total notional outstanding in US fixed income totalled US$45.3 trillion,...
Who can make money, market making Euro credit?
Looking at the average bid-ask spreads of European credit trades, and correlating them with the average trade sizes for the year to date based...
The Book: Expectations for common European debt issuance
A report by Mario Draghi, former European Central Bank president, looking at paths forward to improve the European Union’s competitiveness, has found a solid...
Falling costs of liquidity not halted by summer vol
The bid-ask spread for corporate bond markets has continued on a downward trajectory in September, after a bump in August, according to data from...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
MarketAxess: Blockbusting Part 4 – Block Execution in US HG
In the latest of MarketAxess' Blockbusting series, our research team explores liqiudity profiles of block-sized RFQ trades between $1M- $10M on MarketAxess across a...
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...
Falling emerging market liquidity costs reversed with Fed concerns
Traders in hard currency fixed income emerging markets have seen a decline in the costs of liquidity this year, according to data from MarketAxess’s...
Key trends in emerging markets debt issuance in 2024
Emerging market debt is seeing the effects of government reforms in both democracies and autocracies this year, with stability being the watch word for...
MarketAxess: Portfolio Trading for Tax-Exempt Munis is now live
Portfolio Trading for Tax-Exempt Munis is here!
Optimize your list trading for large or customized portfolios. With the ability to negotiate on individual line...
