Jul

Prolonged Slump in Bond Liquidity Rattles Markets

Investors are finding it harder to buy and sell bonds

Many bonds around the globe are becoming harder to trade, prompting some investors to shift to other markets and raising concerns about a broad decline in liquidity.

The median gap between the price at which traders offer to buy and sell, a proxy for the ability to move in and out of markets quickly, has widened this year across European corporate debt and emerging-market government and corporate bonds, according to data from trading platform MarketAxess. Trading in some derivatives has picked up as traders pull back from…

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Prolonged Slump in Bond Liquidity Rattles Markets

Investors are finding it harder to buy and sell bonds

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