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The mid-yield of Portugal’s ten-year benchmark bond closed below 5% yesterday, reaching 4.932%.
Mid-yields for Italian and Spanish ten-year bonds hit eight-year lows in February, according to data on Tradeweb’s European government bond marketplace, following Ireland’s example back in January.
Over the last five years, fixed income and derivatives markets have become a lot like the weather in New England. If you don’t like them right now, wait a minute… They’ll change.
As the derivatives industry continues its progression toward trading on SEFs, electronic trading of Market Agreed Coupon (MAC) swaps is on the rise, according to Tradeweb data.
With political developments in Ukraine capturing the world's attention over the last few weeks, the slow but consistent rally of Greek debt didn’t make the headlines until today, when the country’s ten-year government bond mid-yield dropped below 7%, reaching an intraday low of 6.97%.
Volume estimates for the first week of trading on swap execution facilities displayed a high degree of disparity and divergence. TABB examines the numbers.
As part of its efforts to encourage transparency in the swaps market, the CFTC developed a Weekly Swaps Report, which provides a detailed view of trading activity in the swaps market.
The second half of 2013 set the scene for a long-awaited turning point in the course of the global economy.
US buy-side equity trading desks are investing in automation and ramping up their quantitative skills to drive new efficiencies and enable execution capabilities on par with the sell side.
The escalation of emerging market tensions coincided with a mixed week for global economic data.