Bond Trade Loved by Wall Street Nears Another $100 Billion

If necessity is the mother of invention, then the pandemic may help bring the staid corporate bond market into the 21st century and give its traders the speed and efficiency that’s routine among stock dealers. Larger portfolio trades routinely have more than 500+ bonds with varying liquidity profiles. Use Overbond’s custom basket creation feature to…

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The Fed’s Improved Bond-Buying Program Explained

As part of the Fed’s SMCCF, it will not only buy bond funds, but also individual corporate bonds, the total size of all bond-buying programs is $750 billion, roughly 4% of U.S. GDP. Clearly with this buying volume / size markets impact could be significant,  use Overbond’s COBI analytics to understand the impact on bond…

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‘Future-Proofing’ the Trading Desk

On the topic of future-proofing your trading desk, @Simon Steward mentions, “I would say that data is key. Traders have access to vast amounts of data that both validate and challenge outcomes. By acknowledging and utilising data, traders can always continue to improve and evolve.” Harnessing data properly from multiple unique sources is the critical…

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Data in Fixed Income Trading

Great conversation here with @JohnWilliams on how data challenges are being addressed in the fixed income markets. We’re privileged to be working with such a pioneering team at #Refinitiv and know that data science will be at the forefront of data solutions going forward. Come inquire about Overbond’s suite of ML-driven analytics for Fixed Income…

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The Fed’s $250 Billion Debt-Buying “Index” Loophole

Last week, the Fed announced a third category in their SMCCF program: “Eligible Broad Market Index Bonds”. This new category allows the Fed to immediately begin buying individual corporate bonds in much larger volume than previously anticipated. Thanks to #Dan Krieter for shedding some light on this development. With this door now opened, the question…

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How Fed bond buying is impacting markets

The Fed’s SMCCF buying program has two effects on the markets and trading. Firstly, its very existence creates confidence that the central bank will buoy up the corporate debt market to counter the impact of COVID-19. Secondly, it actively creates directional investment in the market which generates real liquidity. As the program is set to…

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