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 slipped marginally ahead of the US consumer price index (CPI) for May, to be published later today. S&amp;P was down 0.2% and Nasdaq was down 0.1% after wiping out some initial gains. Financials and Industrials led the losses with a drop of ~1% while Healthcare gained 1%. Economists are expecting the CPI to rise 4.7% from a year earlier, according to Dow Jones vs. April’s reading of 4.2%, the highest since 2008. US 10Y Treasury yields dropped by ~4bp to 1.49%, its lowest since October despite higher inflation expectations. European markets once again struggled for direction. DAX and FTSE closed 0.4% and 0.2% lower respectively while CAC closed 0.2% higher. US IG and HY CDS tightened ~0.2bp and ~0.4bp respectively. EU main and crossover CDS also tightened by ~0.5bp and 2.7bp respectively. Gulf markets closed higher tracking the oil prices. Saudi TASI was up 0.5% and UAE’s ADX was up 0.6%. Latam markets were mixed with Brazil’s Bovespa up 0.1%. Asian markets have opened higher ~0.5% and Asia ex-Japan CDS spreads widened 0.4bp.

Bocom, Hyundai Launch Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers

Hyundai Motor

Bocom, Hyundai Launch Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers