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 trudged higher with S&amp;P and Nasdaq up 0.4% and and 0.5%. US 10Y Treasury yields were 1bp lower at 1.54%. Utilities were up 1.5% and Consumer Staples were up 1% while Energy fell 1.1% with most sectors in the green. European stocks saw a sharp drop with the DAX, CAC and FTSE falling 1.5%, 1.3% and 1.2%. Brazil’s Bovespa was marginally higher by 0.1%. In the Middle East, UAE’s ADX was down 0.4% while Saudi TASI was up 0.1%. Asian markets have seen a positive move with the HSI up 2.3%, STI up 0.9% and Nikkei up 1.7%, while Shanghai remains closed. US IG CDS spreads and HY CDX spreads were flat. EU Main CDS spreads were 1.3bp wider and Crossover CDS spreads widened 8.1bp. Asia ex-Japan CDS spreads widened 1.5bp.

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