Corporate bond rally may taper despite sales rush

Newswire

By Jonathan Stempel NEW YORK, Nov 29 (Reuters) - U.S. corporate bonds in November posted one of their strongest rallies in recent memory as bond sales doubled. The rally may soon peter out, though not send the $4 trillion market back to its dark days of summer. "The corporate bond market is going as the stock market goes," said Curt Mitchell, who helps invest $18 billion for Loomis, Sayles & Co. in Chicago. "I would expect to see the rally continuing through the end of the year, ...

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