Global Markets News | Conduit Group

Bond Market Insights - Fri, 30 Sept 2022

Thursday was a weak session for Asia Financials, spreads 5-20bps wider with AT1 down 50c-1pt. Client feedback is that dealers are pulling...

Bond Market Insights - Thurs, 29 Sept 2022

The scale of the UK Gilt market rout that was close to wiping out pension funds can be demonstrated by UKT 1.25% 2051 sank to around at...

Bond Market Insights - Wed, 28 Sept 2022

Asia HY moves were dominated by CIFI Holdings, the 13th larges builder by contracted sales. Its equity plunged 27% to trade below HK$1....

Bond Market Insights - Tues, 27 Sept 2022

Selling of Asia IG on Monday pushed CDS up 10bps, while China, Japan and Korean bonds were held to a 4-6bp widening. There were balanced...

Bond Market Insights - Mon, 26 Sept 2022

Pakistan was busy on Friday, after the PM spoke of needing debt relief in the UNGA. Bonds corrected sharply lower 6-12pts. Subsequently...

Bond Market Insights - Sun, 25th Sep 2022

China property space had a mild correction into the weekend. AGILE fell a further 4-5pt and closed with a $30 handle. Real money and...

Bond Market Insights - Wed, 22 Sept 2022

The dot plot was a bit more aggressive than expected at 200bp by end-2022 instead of 175bp with the terminal rate raised to 4.6% and a...

Bond Market Insights - Wed, 21 Sept 2022

Current market trends continued yesterday. Fosun was off 3pts, with selling from real money and private banks. China property was mixed...

Bond Market Insights - Tues, 20 Sept 2022

Asia IG was mostly unchanged to a tad wider. Real money was chasing short to mid dated China Bank Leasing paper. Korean long end was...

Bond Market Insights - Mon, 19 Sept 2022

Asia Credit was muted today with Japan is out for Respect for the Aged Day and ahead of the UK’s break for the funeral of Her Majesty...

Bond Market Insights - Thurs, 15 Sept 2022

China IG remained firm tone despite CPI on Wednesday. Fast money accounts were trying to short 10-year papers initially, to hedge overall...

Bond Market Insights - Wed, 14 Sept 2022

China HY’s tone remained firm on Tuesday, focused on the short- end, as opposed to the recent duration extensions from real money. The...