Barnes-on-Bonds

Prioritising investment on the high yield trading desk

When we look at the priorities of trading desks in developing more automated tools, we can consider the longer term market trends as a...

Emerging markets see liquidity costs decline

The cost of liquidity in emerging markets appears to be falling for fixed income traders. Looking at MarketAxess’s CP+ consolidated price feed, and cross-referencing...

Forging new paths in fintech

MarketAxess’s head of business development for post-trade, Camille McKelvey discusses her personal journey, and the path to leadership for women in capital markets. Camille McKelvey is...

Treasury bill supply and ON RRP investment

By Gara Afonso, Marco Cipriani, Catherine Huang, Gabriele La Spada, and Sergio Olivas. Take-up at the Federal Reserve’s Overnight Reverse Repo Facility (ON RRP) increased...

MarketAxess: Portfolio Trading for Tax-Exempt Munis is now live

Portfolio Trading for Tax-Exempt Munis is here! Optimize your list trading for large or customized portfolios. With the ability to negotiate on individual line...

The effect of war on pricing and spreads is widening

The economic effect of the Russian invasion of Ukraine needs to be put in context next to the human tragedy, but data is showing...

A tale of two metrics – US IG corporate bond market liquidity in 2022

By Julien Alexandre, 12 October 2022 Corporate Bond Market Distress Index The NY Fed recently launched the Corporate Bond Market Distress Index and backfilled it all...

Feeling the credit crunch in high yield trading

Trading costs for high yield bonds have been elevated on both sides of the Atlantic. The US saw a big jump in bid-ask spreads...

Tradeweb and MarketAxess see credit volumes increase over 25% in December

Market operators MarketAxess and Tradeweb have released their December trading levels, with both seeing a monthly increase of 25% in credit trading average daily...