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 dropped sharply with the S&amp;P and Nasdaq falling 2.3% and 2.2% respectively on Friday after concerns over the new Omicron B.1.1.529 variant shook global markets. All sectors ended in the red led by Energy, down 4.1% and Financials down 3.3%. US 10Y Treasury yields fell ~13bp to 1.47% on Friday following the latest variant’s concerns. It has recovered slightly today to 1.54%. European markets were higher with the DAX, CAC and FTSE up 4.2%, 4.8% and 3.6% respectively . Brazil’s Bovespa ended 3.4% lower. In the Middle East, UAE’s ADX was down 1.8% while Saudi TASI was down 4.5% on Sunday. Asian markets have opened lower – Shanghai, HSI, STI and Nikkei were down 0.1%, 0.6%, 1% and 0.6% respectively. US IG CDS spreads and HY CDS spreads widened 4.4bp and 20.7bp respectively. EU Main CDS spreads were 4.4bp wider and Crossover CDS spreads were 21.9bp wider. Asia ex-Japan CDS spreads widened 6.3bp.

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