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

Credit

Equities saw a volatile day on Friday but ended higher with the S&amp;P up ~2% and Nasdaq up 1.6%. US 10Y Treasury yields shot up to 1.62%, breaching last week’s high after non-farm payrolls came at 379k for February, almost double the forecasts. The 10Y yield later eased slightly to close at ~1.57%. On Saturday, the US Senate passed  the $1.9tn Covid relief bill with a 50-49 vote. Meanwhile, oil prices jumped over $70/bbl after Saudi said its energy facilities had faced drone attacks  on Sunday. European equities were lower with FTSE down 0.3%, CAC and DAX down 0.8% and 1% respectively. US IG CDS spreads were 2.9bp tighter and HY was 11.3bp tighter. EU main CDS spreads were 1.8bp wider and crossover spreads widened 6.8bp. China’s exports surged  during January and February, up 60.6% YoY with Bloomberg noting increased demand for medical equipment and WFH devices and from trading partners like US and EU. Asian equity markets have opened mixed and Asia ex-Japan CDS spreads were up by 1.6bp.

Astrea VI, IRFC Launch New Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers &...

Asia High Yield Bond Index

Astrea VI, IRFC Launch New Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers &...