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 snapped a two-day rising streak as investors weighed the risks of possible inflation and a rise in Covid-19 cases around the world. S&amp;P and Nasdaq fell by 0.3% and 0.4% respectively led by the technology and communication stocks. Apple  was down 0.9%, Microsoft  was down 1.2% and Tesla  down 2.2%. The NY Fed’s Empire Manufacturing release came lower at 24.3 for May vs. 26.3 last month – within the reading, new orders rose while inflationary pressures were seen in the prices paid index at 83.5, the highest since the surveys began in 2001. Vice Chair Richard H. Clarida opined that the US economy would take time to recover from the pandemic based on the lower than expected addition of 266k jobs in April. European equity indices were also modestly lower with the FTSE, DAX and CAC slipping 0.2%, 0.1% and 0.3%. US 10Y Treasury yields were flat at 1.65% and US IG CDS spreads were 0.9bp wider and HY spreads were 5.8bp wider. EU main spreads were 0.5bp wider and crossover spreads widened 1.9bp. Asian equities have opened ~1% higher and Asia ex-Japan CDS spreads tightened 0.2bp.

Jiangsu Launches $ Bond; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers