Watch the bond market, not equities

 Despite the US Federal Reserve raising rates five times this year, bond prices have stayed high which has kept the long-term yields low. Source: Financial Times The head of a leading western central bank predicted that his job would soon be akin to flying a plane. The goal was to deliver such a smooth glide path…

Read More

Overbond named the most innovative third-party technology vendor (Front office) at the American Financial Technology Awards

 Overbond’s proprietary technology and defined strategy has led them to be named the winner of the most innovative third-party technology vendor (front office) at the AFTAs 2017. Source: waterstechnology Front-office technology platforms might be working hard to address demands for greater holistic functionality, but when there’s a specific challenge to tackle—the digitization of the corporate and…

Read More

Bond yields are an even bigger market risk than bitcoin, according to a Wall Street strategist

 Joe Zidle, a portfolio strategist at Richard Bernstein Advisors, believes that investors are going into 2018 assuming that rising bond yields — which move inversely of prices and affect consumer borrowing costs — will stay low. Source: CNBC Forget bitcoin — the biggest risk to stocks next year will actually be the bond market. That’s…

Read More

The Decade in Fixed Income Trading

Fixed income has been one of the more evolving market structures over the past 10 years, with electronic bond trading growing from 51% in 2007 to 84% today. Source: Markets Media Fixed income has been one of the more evolving market structures over the past 10 years, as institutional agita over liquidity gaps has prompted widespread efforts…

Read More

Risk reward ratio in favour of AAA rated bonds maturing in 2-3 years: Dhawal Dalal, Edelweiss AMC

Dhawal Dalal, Edelweiss AMC, says investors in low duration fund investing in high quality assets can expect to make between 6.75% and 7.75% return with a fair amount of conviction. Source: The Economic Times Yields have already crossed the 7% mark and currently are at a 17-month high. What according to you are the key…

Read More

Chicago Issues AAA-Rated Debt Despite City’s Junk-Rating

 Chicago to start selling as much as $575 million of investment-grade-rated debt, insulating bondholders from the city’s financial strains. Source: Bloomberg Markets Chicago will start selling as much as $575 million of investment-grade-rated debt that’s backed by a dedicated share of sales-tax revenue it receives from Illinois, insulating bondholders from the city’s financial strains. The offering is…

Read More

Overbond Wins “Most Innovative Technology Vendor – Front Office” at American Financial Technology Awards 2017

The winners of this year’s AFTAs were announced at a dinner in midtown Manhattan on December 4. Source: WatersTechnology Continuing last year’s theme of change, this year’s winners were marked by impending regulatory reform due in the New Year, and a shift in the business practices of the buy and sell sides. With reporting mandates…

Read More