Bond traders are stuck in the past

Despite the rise of the internet, smart phones and Pokemon Go, most fixed income markets have done an excellent job of shunning technology and remaining true to their unstructured, OTC origins.
Like the last uncontacted tribes in the Amazon, some fixed income market participants have avoided the trappings of modern tools in order to preserve a naturalistic market environment where trading and valuations are based on superstition, intuition and guess work instead of high quality data.
I’m j