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

Wall Street ended higher as both the Nasdaq and S&amp;P closed ~1% higher despite a slightly hawkish Federal Reserve meeting with more details on tapering and half of the FOMC expecting a rate hike next year (scroll down for details). Most sectors rallied led by Energy, up 3.2% followed by Financials, IT and Consumer Discretionary, up 1.3-1.6%. European stocks also saw a solid rise – DAX, CAC and FTSE ended 1%, 1.3% and 1.5% higher. Brazil’s Bovespa gained 1.8%. In the Middle East, UAE’s ADX gained 0.4% while Saudi TASI slid 0.4%. Asia Pacific markets have started positively – Shanghai is up 0.6%, HSI is up 0.7% and Singapore’s STI is up 0.9% while Nikkei is down 0.7% respectively and. US 10Y Treasury yields fell 3bp to 1.30%. US IG and HY CDX spreads tightened 1.7bp and 7.7bp respectively. EU Main CDS spreads were 1.3bp tighter and Crossover CDS spreads tightened 5.9bp. Asia ex-Japan CDS spreads tightened 1.2bp.

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