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 closed in the green after three days of losses with the S&amp;P and Nasdaq up 0.3% and 0.7%. Utilities led the gains by ending 1.1% higher with most sectors ending positive, while Financials were down 0.6% despite JPMorgan’s strong earnings (scroll below for details). US 10Y Treasury yields eased 3bp to 1.55%. European stocks were also higher with the DAX, CAC and FTSE up 0.7%, 0.8% and 0.2% respectively. Brazil’s Bovespa ended 1.1% higher. In the Middle East, UAE’s ADX was flat and Saudi TASI was up 0.7%. Asian markets are broadly mixed with Shanghai and STI flat while Nikkei was up 1%. HSI remains closed. US IG and HY CDS spreads tightened 0.9bp and 4.1bp respectively. EU Main CDS spreads were flat and Crossover CDS spreads tightened 2.2bp. Asia ex-Japan CDS spreads tightened by 0.6bp.

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

JPMorgan Chase & Co

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