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US dealers agree to disclose corporate bond quotes

Market to get pre-trade transparency but big dealers remain on the sidelines

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A group of US corporate bond dealers will begin sharing pre-trade price information with each other for the first time this week in an effort to boost liquidity, although the five biggest market players will not take part.

The dealers will post their best bids and offers for a selection of widely traded investment-grade bonds on an electronic bulletin board hosted by BondCliQ, which is aiming to

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