Executive Summary

After a quiet April, the U.S. corporate bond market perked back up in May with just over $40 billion notional traded per day – a 3% rise from May of 2022 and 9% higher than the month before.

Methodology

Coalition Greenwich continuously gathers data and insights from credit market participants, including market makers, primary dealers and trading platforms. The data, once aggregated, normalized and enhanced, is analyzed by our market structure research team who identify the key trends of trading in the credit markets, with a focus on corporate bond electronic trading and trading platform market share.