Q3 Update: $44.5bn Wiped Out With 75% of Dollar Bonds Ending Lower
The third quarter of 2021 was a volatile one with three-quarters of our dollar bond universe ending in the red in terms of price return ex-coupon. This is in contrast to Q2 which saw 67% of dollar bonds delivering a positive price return, reversing losses from a...
Last Traded Bond Prices by FINRA TRACE – Now on the BondEvalue App
What is TRACE? TRACE (Trade Reporting and Compliance Engine®) is the Financial Industry Regulatory Authority’s (FINRA) fixed income market real-time price reporting and dissemination service. Bond markets predominantly work on an over-the-counter (OTC) basis where a...
July 2021: 52% of Dollar Bonds Traded Higher with IG Outperforming
The month of July saw a continuation of June’s move with 52% of dollar bonds in our universe delivering a positive price return ex-coupon during the month as compared to 54% in the prior month. But, unlike June where both Investment Grade (IG) and High Yield...
Chinese Developers’ Bond Spreads Widen as Focus on Three Red Lines Increases
The fall in interest rates globally has seen bond investors flock towards high yield bonds, which have outperformed investment grade bonds this year. The HYG high yield index has delivered a total YTD return of 1.82% vs. the LQD investment grade index that has...
