Reopening risks linger in weary US corporate bond market

Issuers have rushed to market to sell more than US$660bn of the US high-grade bonds in the roughly two months since the Federal Reserve announced its corporate bond purchasing program. Although there is no sign of the issuance slowing, the looming risk of a second wave of Covid-19 only heightens the uncertainty for issuers seeking…

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When It Comes To AI, Capital Markets Has Barely Scratched the Surface

With the current market uncertainty, many companies are looking into AI to create efficiencies and save on costs. However, one particular area of the fixed-income market is not leveraging the vast potential for AI and data science-corporate bonds. Through utilizing AI, corporate bonds market could benefit from increased liquidity, greater capital efficiency, enhanced risk management,…

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Global Credit Market Seizes Up as Coronavirus Halts Bond Sales

Global corporate bond market door slammed shut on Coronavirus fears and uncertainty. Source: Yahoo Finance (Bloomberg) — The global credit machine is grinding to a halt. The $2.6 trillion international bond market, where the world’s biggest companies raise money to fund everything from acquisitions to factory upgrades, came to a virtual standstill as the coronavirus…

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Central-bank easing triggers record corporate bond issuance

Companies have taken advantage of low borrowing costs and high demand to sell more debt, allowing themselves to drop down the credit-ratings spectrum. Source: Financial Times Companies across the globe took advantage of lower borrowing costs to sell a record amount of bonds in 2019, prompting renewed concerns among policymakers about soaring levels of debt….

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Emerging market corporate bonds can provide higher returns for an equivalent risk

Emerging markets are turning into a mainstream asset class providing a wider bond market corporate issuers with diversification as a key element. Source: The National Corporate bonds have a long tradition in developed markets, with a large investor base across the credit rating spectrum. Over the past decade, corporate bonds of issuers based in emerging…

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Corporate Bonds Are All the Rage in Emerging Markets

Corporate Bonds Surge for the 12th Successive Month in Emerging Markets Source: Yahoo Finance Demand for corporate bonds is deepening in emerging markets as political strife from Hong Kong to Lebanon and Latin America drives investors away from government debt. The Bloomberg Barclays index for corporate securities in the developing world is rising for a…

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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…

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Overbond Expansion in U.S. Multiplies Bond Issuance Opportunities; New Digital Channels to Increase Fixed Income Market Liquidity

Overbond expands operations with digital omni-channel strategy and New York office to target $40 trillion U.S. bond market TORONTO and NEW YORK — (November 17, 2017)— Overbond Ltd., the first end-to-end Capital Markets platform for primary bond origination and fixed income deal execution, has expanded real-time access to the Overbond Platform to all US corporate…

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E-trading picks up pace in corporate bond market

Latest research shows electronic bond trading continues to grow as providers add data and analytics tools to draw in investors. Source: The Trade The use of electronic trading for corporate bonds has surged significantly over the past few years, with MarketAxess being the preferred e-trading platform according to new research. A study from Greenwich Associates…

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