Bond markets ‘severely impaired’ amid coronavirus crisis

The coronavirus crisis caused market volatility and dislocation in the EUR IG bond market that surpassed those seen in 2007 and 2008, with “some market participants report[ing] that the market had become dysfunctional.” Overbond’s deep liquidity score uncovers dealable ISINs from issuers with the highest liquidity profile by incorporating settlement-layer data. This adds the dimension…

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EU bond market a step closer to TRACE-like platform

The EU bond market is moving closer to the establishment of a central database for the publishing of post-trade data, similar to that of the Trace platform in place for many years. Source: IFR News ICMA published a report recently on the establishment of an EU consolidated tape for bond markets, assessing the feasibility of…

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Credit Traders Play War Games as Brexit Lobs Political Bombs

Different Scenarios that Credit Traders are Considering as Brexit Uncertainty Lingers On Source: Bloomberg Gilts losing their protective buffer, the hard Brexit menace and even socialism with echoes of the 1970s. Debt investors are bracing for all of these scenarios — and more — as the U.K.’s second election in less than three years draws…

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