US corporate bonds sail through equities volatility

 The volatility in equities are steadily moving higher in sovereign yields and a strong demand for debt are likely to be the reasons the corporate bond market has held firm. Source: Financial Times As investors sought to digest the first swoon in US stock markets since early 2016, chipmaker Broadcom outlined plans to tap the debt…

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Tech sector leads pullback for investment grade debt market

Bonds sold by Apple, Sprint, Oracle, AT&T and Qualcomm suffer from pressure on market. Source: Financial Times Bonds sold by some of the country’s largest technology, media and telecommunications companies have come under pressure this month, buffeted by sparring in US Congress over tax reform and as investors face a spate of multibillion-dollar new debt…

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Post-Crisis Regulations Constrain Bond Activity, Says Federal Reserve

NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…

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Corporate Bond Market Shows Fears of a Fed Rate Rise

Rise in interest rates will impact corporate borrowing programs Source: The Wall Street Journal The prospect of a Federal Reserve rate rise has investors in the U.S. credit markets less willing to make long-term bets. That may sound counter-intuitive, given that two exchange-traded funds that track long-term corporate bonds are both up 14% this year, making…

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Overbond Launches the First End-to-End Platform for Primary Bond Origination

TORONTO — June 29, 2016 — Overbond Ltd., the first fintech entrant into the new bond issuance market, has launched an end-to-end platform and support framework for primary bond origination. The fully-digital Overbond platform for primary bond issuance provides higher transparency, better price discovery, and investor diversification for all counterparties in the primary bond market….

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