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 saw another day of gains with S&amp;P 1% higher, Nasdaq 2.5% higher and the VIX index near a fortnightly low as risk-on sentiment picked up. US 10Y Treasury yields were stable at 1.54% with the jobless claims for the prior week falling by 42k to 712k, the lowest since November. President Joe Biden signed his $1.9tn stimulus bill into law. European equities saw modest gains with the DAX and FTSE up 0.2% while the CAC was up 0.7%. The ECB signaled that it would ramp up  bond purchases under its PEPP over the next quarter, which led to German Bund yields falling by 4bp to -0.36% before recovering. US IG CDS spreads were 0.4bp tighter and HY was 4.3bp tighter. EU main CDS spreads were 1.8bp tighter and crossover spreads tightened 9.4bp. Asian equity markets are mixed with China and Hong Kong lower while other indices are higher 0.3%. Asia ex-Japan CDS spreads were 3.2bp tighter.

Times China Launches $ Bond; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers