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

Broader stock markets ended lower even as the US labor markets strengthened with weekly jobless claims dropping below 400k for the first time since the pandemic started. The ADP May Employment Report revealed stronger than expected new jobs added of 978k. All eyes are now on the Non-Farm Payrolls numbers for May that will be released later today. The S&amp;P was down 0.4% and Nasdaq was down 1.1% with Consumer Discretionary and IT down 1.2% and 0.9% respectively leading the losses. US 10Y Treasury yields were up 4bp to 1.63%. In Europe, FTSE and CAC were down 0.6% and 0.2% respectively while DAX closed higher by 0.2%. Both, US IG CDS and HY CDS spreads widened 0.8bp and 3.6bp. EU main and crossover spreads also widened 0.7bp and 3.22bp respectively. Asian stocks followed the US markets and are mixed – Nikkei is down 0.4% and Shanghai, Hang Seng are up 0.2% each with Asia ex-Japan CDS spreads widening 1bp.

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

Asia High Yield Bond Index

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