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 had a mixed opening to start the trading week after the long weekend – S&amp;P was down 0.3% while the tech heavy NASDAQ was up 0.1%. Consumer Discretionary and Communications Services led the upside with gains of ~0.4%. Industrials down ~1.8% dragged the indices lower and most other sectors were down between 0.6% to 1.4%. European markets reversed some of the gains on Monday – DAX, FTSE and CAC were down 0.6%, 0.5% and 0.3% respectively. Saudi’s TASI and UAE’s ADX were up 0.1% and 1.2% respectively. Asian markets had a mixed start – Nikkei and HSI were up 0.8% and 0.1% respectively. Shanghai and Singapore’s STI were down 0.2% and 0.6%. US 10Y Treasury yields climbed another 4bp to 1.36%. US IG CDX and HY CDX spreads widened 0.4bp and 2.8bp respectively. EU Main CDS and Crossover CDS spreads widened by 0.4bp and 3.1bp respectively. Asia ex-Japan CDS spreads tightened 0.2bp.

SMC, CCB, CBA Launch Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers

Asia High Yield Bond Index

SMC, CCB, CBA Launch Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers