3ab8f2aafeb711dfb52c00215ad26546 25 July 2025 | 11:23PM HKT Asia Credit Trader The Changing Pattern of CNH Bond Issuance Once again, search for carry motives dominated, as Asia credit spreads continued their march tighter. Recent news and events support the notion that "Summer Goldilocks" conditions can further extend. We maintain the view that carry remains important, and refrain from adopting a negative stance. That said, with the recent spread tightening and the reset lower in volatility across global ri ...

CMBI Credit Commentary Fixed Income Daily Market Update 固定收益部市场日报 The Asset Asian G3 Bond Benchmark Review 2025 We hope you found our commentaries and ideas helpful. We seek to elevate our efforts and value-add further in the coming year. We highly appreciate your support to us in Sell-Side Analysts of the polls of "The Asset Asian G3 Bond Benchmark Review 2025". Thank you for your support! Trading desk comments 交易台市场观点 Yesterday, in KR, LGENSO 26-35s were another 2-5bps tighter. In Chinese IGs, BABA 31/MEI ...