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 equity market optimism was only short-lived after Jerome Powell’s remarks on inflation and tapering led the S&amp;P and Nasdaq to close 1.9% and 1.6% lower respectively. All sectors ended in the red led by Communication Services and Utilities falling ~3%. US 10Y Treasury yields moved 2bp lower to 1.49% . European markets were also lower with the DAX, CAC and FTSE down 1.2%, 0.8% and 0.7% respectively . Brazil’s Bovespa ended 0.9% lower. In the Middle East, UAE’s ADX was up 0.8% and Saudi TASI was down 0.5%. Asian markets have opened broadly positive – Shanghai was flat while HSI, STI and Nikkei were up 1.5%, 1.2% and 0.8% respectively. US IG CDS spreads and HY CDS spreads widened 2.6bp each. EU Main CDS spreads were 1.9bp wider and Crossover CDS spreads were 8.7bp wider. Asia ex-Japan CDS spreads widened 0.8bp.

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