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

S&amp;P gained 0.1% to close at another all-time high as the $1tn infrastructure plan was passed by the US Senate. The tech heavy Nasdaq on the other hand shed 0.5%. Energy and Materials rose 1.7% and 1.5% while Industrials and Financials closed 1% higher. Real Estate and IT led the losses, down 1.1% and 0.7% respectively. European markets inched higher on positive investor confidence despite fears over the Delta variant and inflation talks – the FTSE was up 0.4%, DAX 0.2% and CAC ~0.1%. Saudi’s TASI ended 0.9% higher while UAE’s ADX shed 0.2%. Brazil’s Bovespa reversed its gains to close 0.7% lower. APAC stocks had a mixed start – Nikkei was up 0.5% while Singapore’s STI and HSI were down 0.4%. Shanghai was flat. US 10Y Treasury yields widened 4bp to close at 1.35%. US IG and HY CDS spreads widened 0.9bp and 4.1bp. EU Main and Crossover CDS spreads also widened 0.2bp and 1.9bp respectively. Asia ex-Japan CDS spreads were 0.9bp tighter.

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