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 markets saw a sharp risk-on move with the S&amp;P and Nasdaq closing 2.1% and 3% higher. All sectors were in the green led by IT which was up 3.5% followed by Consumer Discretionary and Energy, up over 2.3% each. US 10Y Treasury yields moved 2bp higher to 1.46%.  European markets were higher too with the DAX, CAC and FTSE up 2.8%, 1.9% and 1.5% respectively . Brazil’s Bovespa was up 0.7%. In the Middle East, UAE’s ADX was down 0.2% while Saudi TASI was up 0.8%. Asian markets have opened broadly higher – Shanghai, HSI and Nikkei were up 0.9%, 0.3% and 1.1% respectively while STI was down 0.3%. US IG CDS spreads tightened 2.5bp and HY CDS spreads tightened 12.9bp. EU Main CDS spreads were 3.5bp tighter and Crossover CDS spreads were 17.1bp tighter. Asia ex-Japan CDS spreads tightened 2.9bp.

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