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 equities ended mixed with the S&amp;P down 0.5% while the Nasdaq was unchanged. Besides Communication Services and Consumer Discretionary, up 1% and 0.2%, other sectors were in the red, dragged by Energy and Financials, down 2.9% and 1.7% respectively. US 10Y Treasury yields eased 7bp to 1.55% with the 2s10s flattening to 102bp, the lowest level in over a month . European stocks were slightly lower with the DAX, CAC and FTSE down 0.3%, 0.2% and 0.3% respectively. Brazil’s Bovespa was near flat. The Brazilian Central Bank hiked rates by 150bp, the biggest in nearly two decades and pledged a similar hike in December in a bid to tame rising inflation. In the Middle East, UAE’s ADX and Saudi TASI were down 0.6% and 0.3%. Asian markets have opened lower – Shanghai, HSI, STI and Nikkei were down 1%, 0.3% 0.3% and 0.9% respectively. US IG and HY CDS spreads were 0.6bp and 3.3bp wider. EU Main CDS spreads were 0.1bp tighter while Crossover CDS spreads were 0.9bp wider. Asia ex-Japan CDS spreads tightened by 0.3bp.

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