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Data as of 08 August 2026 · Source: iShares LQD and HYG ETF holdings (BlackRock) · Updated daily The dominance of financial institutions among the largest corporate bond issuers underscores the sector’s structural reliance on wholesale funding markets. JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Wells Fargo collectively account for nearly half…
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FINRA TRACE · 06 August 2026 · Source: FINRA Key Data — 06 August 2026 **– YTD 2026 US corporate bond trading (through July): $68.1 billion average daily volume, +14.4% Y/Y– YTD 2026 US corporate bond issuance (through July): $1,681.0 billion, +26.9% Y/Y– US corporate bonds outstanding (Q1 2026): $11.7 trillion, +3.0% Y/Y– Bloomberg US…
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Data as of 07 August 2026 · Source: iShares LQD and HYG ETF holdings (BlackRock) · Updated daily The composition of leading corporate bond issuers reveals a market structure heavily weighted towards systemically important financial institutions, with JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Wells Fargo collectively accounting for a substantial portion…
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The Federal Reserve left interest rates unchanged at its July meeting, defying market expectations of a possible hike despite three regional bank presidents voting in favour of tightening monetary policy. Fed officials Loretta Mester of Cleveland, Neel Kashkari of Minneapolis and Lorie Logan of Dallas dissented in favour of a 25 basis point increase, marking…
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FINRA TRACE · 04 August 2026 · Source: FINRA Key Data — 04 August 2026 **– 10-year Treasury note yield: 4.70%, down 5 basis points on the day– 30-year Treasury bond yield: 5.23%, down 4 basis points– US Treasury yield curve (August 4, 2026): 1-Year 4.00%, 2-Year 4.21%, 5-Year 4.34%, 10-Year 4.63%, 30-Year 5.20%– ICE…
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European securitisation issuance totalled €64.3bn in the second quarter of 2026, up 7.9 per cent from the previous quarter but down 12.7 per cent year on year, according to data from the Association for Financial Markets in Europe. Placed issuance reached €52.1bn, representing 81.1 per cent of the total, a marked increase from 72.8 per…
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The Financial Conduct Authority has scrapped the seven-day waiting period for connected research during initial public offerings, as part of reforms designed to make London a more attractive venue for companies seeking to list. The changes, which came into force on 5 August 2026, also simplify information-sharing requirements between issuers and financial firms during the…
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Data as of 05 August 2026 · Source: iShares LQD and HYG ETF holdings (BlackRock) · Updated daily The dominance of financial institutions among the largest corporate bond issuers underscores the sector’s enduring appetite for debt capital, with JPMorgan Chase, Goldman Sachs, Morgan Stanley and Bank of America collectively accounting for more than $3bn in…
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Michael Sparkes, regional head for EMEA at Virtu Analytics, has retired. Sparkes’ first job in the City was in 1980 at a pension fund. “I went from Cambridge University to British Airways as a management trainee, and fairly quickly settled into the Investment Department of the internally managed British Airways Pension Fund,” he says. “I…
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TMX Group, the Canadian exchange operator, has agreed to acquire a majority stake in US exchange operator MEMX in a transaction that values the combined business at approximately $2.3bn. The deal will see TMX invest about $800m in cash and contribute its existing stake in BOX, a US equity options market, which will be merged…