Corp bond analysts debate post-GM turn in market

Newswire

By Richard Barley LONDON, March 21 (Reuters) - A profit warning last week from General Motors stripped the European corporate bond market of its bulletproof status, but traders are holding fire on calling a turning point in sentiment. Timing the turning point in the market is currently the big game among Europe's credit strategists after a 2-1/2 year rally, with opinions ranging from last week to a surprisingly specific February 10, 2006. January and February saw corporate bond spreads ...

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