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

US markets witnessed a sell-off on Tuesday as July retail sales declined – Nasdaq and S&amp;P were down 0.9% and 0.7% respectively. Consumer Discretionary, down 2.3% was the worst hit, followed by Materials, Industrials, Communication Services, Energy, IT and Financials, all down more than 0.8% while Healthcare, up 1.1% outperformed. European markets were mixed  – FTSE ended 0.4% higher while CAC ended 0.3% lower and DAX was broadly flat. Saudi’s TASI and UAE’s ADX closed higher by 0.6% and 0.9% respectively. Brazil’s Bovespa, down 1.1% continued its downward rally. APAC stocks had a positive start – Singapore’s STI, Nikkei, HSI and Shanghai were up 0.9%, 0.7%, 0.4% and 0.2% respectively even as Chinese regulators issued draft anti-monopoly rules. US 10Y Treasury yields widened 1bp to 1.27%. US IG and HY CDS spreads widened 0.9bp and 6.4bp. EU Main and Crossover CDS spreads widened 0.4bp and 2.2bp respectively. Asia ex-Japan CDS spreads were 0.3bp tighter.

HDFC, Ping An, Baidu Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainer...

Asia High Yield Bond Index

HDFC, Ping An, Baidu Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainer...