Tag: Kevin McPartland
‘Today’s inefficient is yesterday’s efficient’: Innovation in corporate bond issuance
While nearly half (47%) of corporate bond investors feel that technology has made the new issue process more efficient, the mechanics of distributing newly...
US primary dealer bond trading hits record low
US Treasury market volatility saw a decline in March, according to Coalition Greenwich’s April Data Spotlight on US rates trading. The MOVE Index monthly...
Leveraged loan market ripe for innovation after 2023 revenue bump
US dealer revenue hit US$900 million in 2023, representing a 16% increase against 2021 and a 29% bump on 2022, attributed to a renewed...
Issuing at the top of the market
The high levels of bond issuance this year, made at what is widely expected to be peak interest rates, are potentially building up high...
Coalition Greenwich: US Treasury e-trading volumes hit record in February
US Treasury volumes saw an average daily notional value (ADNV) of US$918 billion in February 2024, Coalition Greenwich’s March Data Spotlight has reported, up...
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...
Credit: January sees largest average daily notional for US corporate bonds
January 2024 saw the largest single volume day and largest average daily notional volume (ADNV) month ever for US corporate bonds.
$75 billion of investment...
Improved auto-quoting tops wishlist for corporate bond investors
Improved auto-quoting tops the list of what corporate bond investors would like to see more of from their liquidity providers. That is according to...
Market Structure: New risk and liquidity in the US Treasury market
Significant changes in counterparties and market structure have transformed US Treasury market activity.
Dealer-to-client trading has overtaken interdealer markets in volume traded according to analyst...
Analysis: Market response to US Treasury’s increased borrowing needs
The US Treasury’s need to increase debt issuance, beyond market expectations, has had several effects. Firstly there was a ratings downgrade of the USA...
