Investment grade

JPMorgan has retained its title as the best liquidity provider for euro-denominated investment-grade bond trading. The US bank topped both categories in our quarterly survey, to be named as best market-maker both for its own deals and for all bonds.

Traders said the period (investors were polled throughout February and March) was characterised by heavy trading in the financials sector as a result of Moody's rollout, and subsequent revision of, its joint default analysis (JDA) methodology for

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