Composite bond prices and credit curves, plus money market benchmark rates

What is 7 Chord?

7 Chord provides bond market data covering corporate, sovereign, and government bond prices, spreads, and yields, issuer and country credit curves, money market benchmarks, and financial market calendars. It gives researchers a connected view of how debt is priced, how risky issuers look, what short term funding costs, and when markets are open.

What academic researchers should know about 7 Chord bond and money market data

The bond price data tracks individual bonds every day, with bid and ask prices, yields, spreads, and liquidity measures captured at a consistent end of day time, so observations are comparable across issuers and over time. Credit curves are implied by those prices and express default risk and risk premiums as credit spreads and hazard rates across short and long maturities. The money market benchmarks stretch back decades and cover widely used reference rates such as commercial paper, the federal funds rate, SOFR, and LIBOR. Market holiday and early close calendars round out the picture, so you can pin down trading days, settlement dates, and accrual periods.

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Why academic researchers choose 7 Chord on Dewey

Bond data is usually built for trading desks, and pulling together prices, credit measures, benchmark rates, and calendars normally means reconciling several vendors. 7 Chord brings these pieces into one connected set. Bonds and issuers use standard identifiers and consistent industry, country, and regional classifications, credit curves are built from the same prices you analyze, and benchmark rates come from their original public administrators. That makes it easier to build a clean sample, trace where a number came from, and cite it with confidence. Researchers get depth in one place instead of stitching together sources that were never designed to fit.

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7 Chord academic research ideas and use cases

• Monetary policy transmission across cycles. The federal funds rate back to 1954 paired with corporate credit curves lets researchers trace how tightening and easing cycles, from the Volcker era through the post pandemic hiking cycle, actually moved corporate spreads.
• Sovereign and corporate spread spillovers. Composite emerging market bond prices set against the sovereign credit curve table support research on sovereign risk pricing and how stress in one spreads into the other across less liquid markets.
• Cross-market relative value and liquidity. The regional split across North America, EMEA and APAC, and Emerging Markets supports research on currency hedged relative value and liquidity differences across the global bond market.
• Machine learning pricing methodology. Every composite price row exposes the pricing engine's own diagnostics, including which model drove the estimate and how much the underlying experts disagreed, supporting research on model behavior, training window sensitivity, and pricing accuracy around market stress events.

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