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 Markets continued their advance for the third straight day scoring new records as Initial Jobless Claims for the prior week decreased by 7k to 411k against a forecast of 380k and vs 418k in the week before. S&amp;P and Nasdaq were up 0.6% and 0.7% touching new highs. Financials up 1.2% led the gains. Tesla up 3.5% stood out among the corporates. US 10Y Treasury yields were flat at 1.5%. In Europe, Bank of England kept its monetary policy steady. European bourses returned to the green after a day in the red  – CAC, DAX and FTSE were up 1.2%, 0.7% and 0.5% respectively. US IG and HY CDS spreads tightened 0.8bp and 2.7bp respectively. EU main and crossover CDS tightened 0.5bp and 2.4bp respectively. Saudi TASI and Abu Dhabi’s ADX were up 0.2% and 1% respectively. Brazil’s Bovespa closed 0.9% up. Asian markets opened higher – Singapore’s STI up 1.4%, HSI up 1.2%, Nikkei and Shanghai up 0.8%. Asia ex-Japan CDS spreads were 0.6bp tighter.

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers

Asia High Yield Bond Index

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers