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An additional $10 billion of U.S. corporate bonds traded per day in August compared with the same month last year, a 21% jump that brought average daily notional volume (ADNV) to nearly $54 billion.
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The U.S. Treasury market’s key market structure metrics all moved in the right direction in August, although whether that’s because or in spite of 30-year yields hitting pre-GFC (great financial crisis) highs is unclear.
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In capital markets, where products and services are often complex, intangible and highly regulated, brand is a critical differentiator. Recent research found that intangible assets, including brand, account for 92% of the total market value of...
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The corporate and investment banking (CIB) business, which includes origination...
The mainframe isn’t going anywhere and remains deeply embedded in banking infrastructure, even as institutions expand their use of cloud computing and artificial intelligence (AI).
The municipal bond market continued its slow but steady acceptance of electronic trading in the second quarter, with 20.7% of volume executed through four trading venues, up nearly 3 percentage points from a year ago and up 10 basis points from the...
The buy side’s network of derivatives executing and clearing brokers helps determine its success, as these counterparties provide critical services that end users rely on to manage the complexities of their derivatives books.
Primary issuance jumped an astonishing 54% in June compared with the same month last year, with the AI infrastructure buildout driving most, if not all, of that growth.

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