A good user experience still matters to bond investors

A good user experience still matters to bond investors

Below is the press release from my most recent Greenwich Report on the corporate bond market.  As the title implies, the buy side is starting…

Price Makers and Market Makers are Not the Same

Price Makers and Market Makers are Not the Same

My latest Greenwich Research found that investors have seen a decline in dealer sourced liquidity, and that they’re concerned about it. It also found that…

Yellen, Bond Liquidity and Why Sales Traders Matter with Bloomberg TV

Yellen, Bond Liquidity and Why Sales Traders Matter with Bloomberg TV

This was my first time chatting with Betty Liu at Bloomberg TV, which I really enjoyed. We discussed why the Fed shouldn’t hyper focus on…

US Treasuries are trading electronically, but we still need bond traders

US Treasuries are trading electronically, but we still need bond traders

I recently spoke with Bloomberg TV about a recent Greenwich Associates research report that examined the growth in electronic trading of US Treasuries by US…

Changes in U.S. Corporate Bond Market: Evolution, not Revolution

Changes in U.S. Corporate Bond Market: Evolution, not Revolution

I spent most of my summer digging through our 2014 North American fixed income data looking to see what’s changed in the past year and…

North American Fixed Income Update: E-Trading and Too Big To Fail

North American Fixed Income Update: E-Trading and Too Big To Fail

This week we will begin to release the results of our annually North American Fixed Income study, based on just shy of 1100 investors trading fixed…

ETFs as part of the credit liquidity story

ETFs as part of the credit liquidity story

Liquidity in the corporate bond market is tough.  We’ve written about it time and time again.  At a high level we see two solutions.  One,…

The US Invasion of European Fixed Income

The US Invasion of European Fixed Income

Capital is expensive and getting more expensive.  But the problem is proving a much harder one to manage in Europe, with European banks continuing to…

Electronic trading of bonds is growing – sort of…

Electronic trading of bonds is growing – sort of…

We all know that the massive reduction in dealer inventories and the cost of capital has had a huge negative impact on liquidity in the…