Fixed Income Market witnesses modest rise in trading volume in July 2023
In a nuanced reflection of market dynamics, the fixed income sector demonstrated a notable trading volume during July 2023.
The cumulative trading volume at month-end stood at 5.54 billion units, marking a commendable 2.40% upswing from the previous month.
However, juxtaposed against the analogous period last year, this figure encounters a stark decline of 71%.
Zooming out to capture the broader narrative, the cumulative trading volume for the year’s initial seven months, spanning from January to July 2023, tallied up to 46.42 billion units.
This considerable figure unveils a decline of 67% when evaluated against the robust 143.23 billion units traded during the same duration in the prior year.
The market’s capacity to weather such fluctuations underscores its resilience in the face of intricate variables.
The interplay of these forces unveils a tapestry of challenges and opportunities that continue to shape the fixed income landscape.
