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 fell more that half a percent ahead of the Jackson Hole meeting with the S&amp;P and Nasdaq closing ~0.6% lower. All sectors except Real Estate closed in the red. Energy down 1.5% led the losses followed by Consumer Discretionary, Communications Services, Materials and IT which lost more than 0.5%. European markets closed lower as well – DAX was down 0.4% and FTSE and CAC were down 0.3% each. UAE’s ADX and Saudi’s TASI also moved lower by 0.5% and 0.3% respectively. Brazil’s Bovespa lost 1.7%. Asian markets were mixed – Shanghai and HSI were up 0.5% and 0.3% while Singapore’s STI and Nikkei edged 0.8% and 0.3% lower. US 10Y Treasury yields were flat at 1.34%. US IG widened 0.7bp while HY CDS spreads tightened 3.8bp. EU Main and Crossover CDS spreads also widened 0.4bp and 1.4bp respectively and Asian ex-Japan CDS spreads tightened by 0.5bp.

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers

Asia High Yield Bond Index

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers