Investment grade

Secondary market liquidity

This quarter's sterling investment-grade liquidity survey saw Royal Bank of Scotland continue its dominance of the 'all bonds' category. But Barclays Capital has wrested from RBS the crown for providing best liquidity in the 'own deals' category.

Paul Hawkins, RBS sterling bond trader, notes that the second quarter marked a reversal of the previous two quarters. Slight jitters began to appear as the credit markets took their cue from declines in the stock market, which came as a result of

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