Happy Australia Day! Australia and India joined China and Taiwan on holiday today, which kept volumes low. There was still better buying...

China, HK and Taiwan are still closed for the Lunar New Year celebrations, so volumes were muted. Spreads on Asia credit were unchanged...

Asia investment grade Credit was in demand yesterday ahead of CNY. Real money was buying subordinated debt; AT1, T2, perpetuals. IG SOE...

Asia credit opened today’s session a couple bps wider in general, but 2-way will probably help it pull back, given the current level of...

In Europe yesterday a Bloomberg ECB source article claimed that the case for switching to 25bp, following 50bp in February was gaining...

Asian bonds continue to creep better with China data being better than market consensus despite the slowdown in growth rates: Dec retail...

US MARKETS - The first week of 2023 ended with an explosive rally in US rates after the December jobs report showed wage growth slowed,...

China IG tightened another 2-5bps. More new issues came to the Asian market, but it was the wrong type, no supply coming from China...

Global primary markets have come alive as shops open for the New Year. Nineteen borrowers stepped forward in the US high-grade primary...

China IG was dominated by buyers on Friday, but some real money accounts are trimming risk with some bonds trading at historic tights....

It was all eyes on the US on Wednesday as markets waited for Powell, who struck a more dovish tone than the market expected. It seems...

Asia IG was strong on Tuesday, spreads 5-10bps tighter. In the morning, Real money was extending duration in China SOE’s, putting the...