Data is abundant, not only in volume, but also in the number of sources it is derived from, the frequency at which it is updated, and the variety of formats it may take. Time spent sorting through that data, however, can keep businesses from generating actionable information at pace. Ask us how we can help…
The average yield spread on double-A corporate bonds has narrowed by more than 50 basis points since Apple’s last offering, suggesting the iPhone maker could lock in a 10-year rate around 1.25%. To put that in context: Before this year, the U.S. government itself had never borrowed so cheaply. With corporate spreads compressing to historic…
CreditSights analysts combed through the Fed’s latest portfolio data for trends and found the central bank’s daily purchases dwindled to about $21 million on average through July 30, down from about $180 million of daily buying when the program kicked off in May. The question is where do corporate bond spreads go once the market…
In its March report, IIF said “a wave of downgrades from BBB- to sub-investment-grade could force institutional investors with strict investment grade mandates to reduce exposures abruptly, resulting in ‘fire sales’”. That moment has arrived. “In the U.S., 15% of investment-grade bonds are at risk of becoming fallen angels,” reports Addenda Capital’s Yanick Desnoyers. This…
According to the article published by Reuters, J.P. Morgan’s credit trading desk is already handling more than three-quarters of the volume of trades this year executed in the whole of 2019 as market turmoil picks up. The turmoil unleashed by the coronavirus pandemic has forced liquidity to dry up even in the deepest parts of…
Data may well be the natural resource that defines this century. If so, effective application of machine learning can extract its value. According to Charles Elkan, global head of machine learning at Goldman Sachs, financial services seems like fertile ground for AI to generate profit. Let Overbond introduce you to what the technology can do…
Investment-grade corporate bond issuance has already exceeded this year than for the whole of 2019. U.S. companies now owe more than $10 trillion, which is nearly half of the country’s 2019 GDP of $21.5 trillion. With corporate profits remaining weak throughout the covid crisis, we are surely in for a slew of downgrades and defaults. Track financial…
Congratulations to Joel Sebold and Refinitiv Labs for unlocking further potential from data science with their equity market liquidity discovery project. By combining the computer power of machine learning with creative visualizations, data science will take its rightful place in analytics space for capital markets. For fixed income market participants, explore Overbond’s suite of analytics…
Once unwieldy and time-consuming, tech innovation is rapidly turning portfolio trading mainstream. In a portfolio trade, an asset manager picks a basket of securities to buy or sell, then analyses them on various metrics such as liquidity, inclusion in ETFs and transaction size. Utilize Overbond’s custom bond basket creation tool to construct strategies and diversify…
As artificial intelligence finds a foothold in equities and FX trading, the benefits are clear to most, if not all market participants. However, there are market-specific challenges that the technology still faces. This will be no different with AI’s eventual adoption in the corporate fixed income market. Here are Overbond, we are thrilled to be…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
