Rules & Ratings: US rate cuts now challenged by tariff policy
The use of trade tariffs between the US and potentially Mexico, Canada, the European Union and certainly China, which had a 10% tariff imposed...
Origination: KfW drives the leading edge of bond issuance
The supranational, sub-sovereign and agency (SSA) bond issuers are expected to be the most forward looking issuer group in evolving primary debt markets.
The DESK...
BGC CEO to divest ownership if appointed US Secretary of Commerce
Howard Lutnick, CEO of interdealer broker, infrastructure and data provider, BGC Group, has said he would leave the business entirely if he is appointed...
Squeezing the bid-ask spread
Bid-ask spreads in the corporate bond space have continued to collapse in 2025, suggesting that liquidity costs are dramatically improving for buy-side traders.
Looking at...
On The DESK: Leaders in bond trading pinpoint risks and opportunities
We asked the buy-side traders we have profiled on The DESK for the past ten years to discuss the biggest changes they thought had...
The interplay between the cash and derivative credit markets
For investors, the derivatives market is a potentially a rich source for investment returns and risk management. It can also be a valuable source...
China government bond issuance reducing transparency of total social finance
Understanding state support for the economy in China can be measured across several dynamics, but debt provision to the non-financial private sector, known as...
Is Europe being punished for slower e-trading adoption?
The liquidity shortfall, expected at the end of the year, is traditionally triggered by dealers’ reluctance to make markets when their risk positions are...
The Book: BofA DCM team give issuers confidence for financing in 2025
The DESK spoke with Bank of America’s Julien Roman, head of EMEA DCM FIG Origination, Paula Weisshuber, head of EMEA Corporate DCM, and Adrien...
Gensler confirmed to depart SEC
The Securities and Exchange Commission has announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on...