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 market volatility continues with the S&amp;P and Nasdaq closing 0.9% and 1.4% lower. Most sectors were in the red led by Energy and Consumer Discretionary, down over 2.5% each. US 10Y Treasury yields moved 8bp lower to 1.42%. European markets were mostly lower with the DAX ending flat while the CAC and FTSE were down 0.7% and 0.8% respectively . Brazil’s Bovespa was down 0.4%. In the Middle East, UAE’s ADX was down 0.4% while Saudi TASI was up 0.5%. Asian markets have opened mostly lower with the Shanghai, HSI and Nikkei down 0.9%, 1.2% and 0.5% respectively while the STI was up 0.2%. US IG CDS spreads widened 0.1bp while HY CDS spreads widened 2.5bp. EU Main CDS spreads were 0.7bp tighter and Crossover CDS spreads were 2.5bp tighter. 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