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 equities were slightly higher with the S&amp;P and Nasdaq up 0.4% and 0.6%. US non-farm payrolls disappointed with 49k jobs added in January vs expectations of 105k; the previous number was also revised lower from -140k to -227k. US 10Y Treasury yields eased on Friday’s from a high of over 1.18% to 1.16%. The US House approved a budget bill advancing Biden’s $1.9tn relief plan, which may go through Congress even without the Senate’s support. Europe’s FTSE and DAX were marginally lower while CAC and FTSEMIB were up 0.9% and 0.8%. US IG CDS spreads were 0.5bp tighter and HY was 3.6bp tighter. EU main CDS spreads tightened 0.4bp and crossover spreads tightened 1.6bp. Asia ex-Japan CDS spreads are 0.1bp tighter while Asian equities are up ~0.5% higher to start the week.

Macro; The Week That Was; Rating Changes; Talking Heads; Top Gainers & Losers

Asia High Yield Bond Index

Macro; The Week That Was; Rating Changes; Talking Heads; Top Gainers & Losers