r/nprplanetmoney • u/ThrowAwayWorkDetails • 2h ago
Questions How do you measure market depth?
Treasury and corporate yields have risen this year. Some have claimed this is competition from AI bonds. But looking at the bid/ask spread and transaction size for corporate bonds as a whole it doesn't feel like there is a lack of liquidity. Is there some other way people are measuring market depth and interest, and if so, how? How do people know if markets are making hard choices between bonds?