Bond market data and technology, BondEvalue

BondEvalue

Bond market data and technology

BondEvalue is a Singapore-based Fintech that specializes in bond market data and technology. The company's information services business offers bond market data on hard-currency corporate & sovereign bonds across Asia, Middle East, Europe and the Americas. The data, which includes bond prices, yields, news and analytics, is offered to end investors via interactive Mobile and Web Apps. Investors can sign up for a free trial of the service either via the company's website (https://bondevalue.com) or by downloading the BondEvalue Mobile App (http://onelink.to/wej7jq). BondEvalue is also developing an electronic bond exchange, BondbloX in Singapore that allows investors to trade bonds electronically in smaller sizes (US$1,000 or equivalent). For more information, visit https://www.bondblox.com/

Bond Market Data and Technology

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US markets continued their strong run boosted by tech stocks, which helped Nasdaq close higher by 1% to reach another record. S&amp;P also set a record, gaining 0.2%. IT was up 1.1% while Energy and Financials lagged, down 3.3% and 0.8%. US 10Y Treasury yields eased by 5bp to 1.48%. All eyes are now set on Friday’s job report by the Labor Department where economists expect NFP to increase by 683k in June, topping the 559k reading for May. European bourses witnessed a fall after the increased number of Covid cases and the likelihood of EU banning British tourists pulled down travel stocks. CAC, FTSE and DAX were down 1%, 0.9% and 0.3%. US IG and HY CDS spreads widened 0.6bp and 2.9bp respectively. EU main and crossover CDS widened 0.8bp and 4.8bp respectively. Saudi TASI was down 0.1% while Abu Dhabi’s ADX was up 0.6%. Brazil’s Bovespa was up 0.1%. Asian markets opened in the red – Nikkei is down 0.9%, Singapore’s STI down 0.8%, Shanghai down 0.6% and HSI down 0.5%. Asia ex-Japan CDS spreads were 0.5bp tighter. Another busy day at the primary markets with 11 new dollar deals dominated by Chinese local government financing vehicles (LGFVs).

11 New $ Deals Incl. Seazen, Bocom; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers...

Asia High Yield Bond Index

11 New $ Deals Incl. Seazen, Bocom; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers...