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The latest report by the Association for Financial Markets in Europe (AFME) on European leveraged finance, primary high yield (HY) bond issuance fell sharply in the opening quarter of 2026, with total activity declining significantly from the pace set at the end of last year.

According to the report, “primary high yield bond issuance totalled €21.8bn (on 55 deals) in...

Mexico has faced a sharp deterioration in its sovereign credit standing within the space of just two weeks in May 2026, with two major agencies acting in quick succession. Their decisions highlight several pressures upon the country’s economy, including structural fiscal weakness, slowing growth, state-enterprise dependency, and external trade uncertainty. 

Electr...

It is no surprise that trading costs are higher in high yield (HY) markets, but data from MarketAxess TraX, which measure activity across bond markets and its CP+ pricing tool, show that the volatility of bid-ask spreads can mean only good timing equals a good trade. Unless your dealers can cut you some slack.

US HY trade counts are running right on their January to February ...

Ediphy has announced five major investors for fairCT business, provider of the European consolidated tape for bonds.

Barclays, Citadel Securities, Deutsche Bank, TP ICAP and UBS Investment Bank have signed on to support the company.

ESMA is currently running the authorisation process to allow fairCT to operate the tape. Pricing is expected to be published eith...

The Intercontinental Exchange (ICE) recorded record open interest in Euribor options on 1 June.

The exchange reported that open interest in ICE Euribor futures and options reached 27,296,787 contracts. Within this, 21,885,099 were options contracts – beating a more than 15-year record set on 15 March 2010.

Last month, ICE named Penny Cheung as head of interest...